Topic: ETH price, bears took control? (Read 741 times)
As far as the whole trading and market is concerned it's always about supply and demand. Markets will always go up and down and it will be bears and bulls in cycles all the time. Although the current downward spiral is something out of the ordinary and it is due to macro economic factors .it will get better.
Don't worry just keep hold, the ethereum price will bounce back if this pandemic ended. While ethereum price is cheap why don't we buy more and hold for long term. Not all the time bear market you know, I believe there will be bullish market after this pandemic.
The reason behind the fall in Ethereum earlier March is the same reason that led to the fall of Bitcoin and other cryptocurrencies. The cryptocurrency market lost over $50 billion dollars as of the time this happened. According to some analysts, the first thing that led to the decrease in the price of cryptocurrency market is OPEC's failure agreeing to a supply cut. Ethereum is one of the altcoins that correlates with Bitcoin and when there is a situation that affects Bitcoin, it also shows in Ethereum in some ways 
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There was this PlusToken scam and it affected Bitcoin seriously, leading to a fall in the price of Bitcoin, so I believe this fall also affected other assets. They never mentioned Coronavirus, but I think that was part of it, because it affected almost every market if not all.
.There was this PlusToken scam and it affected Bitcoin seriously, leading to a fall in the price of Bitcoin, so I believe this fall also affected other assets. They never mentioned Coronavirus, but I think that was part of it, because it affected almost every market if not all.
I guess this is just the beginning of the start for ethereum. We all have been waiting for a huge increase because there will be both bitcoin halving which we all assumed would increase the price of bitcoin and if the pair price of btc/eth doesn't change the increase of bitcoins price would equal to ethereum price going up as well.
However now that it is significantly lower, almost half of what it was just a month ago, we could basically say that price will go up a ton more after the hard fork as well from this point. Think about it, without corona it was 250 or so, with halving that could be 350-400, and with hard fork it might be over 500, that is definitely a lot better than we assumed it could ever be. Hopefully that won't take to long and we will get there before we die from the virus
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However now that it is significantly lower, almost half of what it was just a month ago, we could basically say that price will go up a ton more after the hard fork as well from this point. Think about it, without corona it was 250 or so, with halving that could be 350-400, and with hard fork it might be over 500, that is definitely a lot better than we assumed it could ever be. Hopefully that won't take to long and we will get there before we die from the virus
. ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Bear took control when Coronavirus effect will gone bull take control, right!. Nothing takes control, price only do up and down for Total coinmarketcap value. When you can only Ethereum price dump after dump without moving any altcoins. My point is all top coin especially Bitcoin price only shows bear or bull. 
In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable
Obviously, in this case, all other coins will grow. Local rise and fall of coins is possible only with stabilization of the movement of bitcoin, which we have not seen for a very long time.
All that happens is the movement of bitcoin up and down, the rest of the market follows it like a messenger.
In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable
Obviously, in this case, all other coins will grow. Local rise and fall of coins is possible only with stabilization of the movement of bitcoin, which we have not seen for a very long time.
All that happens is the movement of bitcoin up and down, the rest of the market follows it like a messenger.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
I wouldn't say bears took over, if you notice the price charts, you will realize that there has been dumps and pumps between hours and days.
And it happens to bitcoin too, because yesterday, bitcoin went to 5800+ only to go over 6000+ without informing anyone lol.
The bearish market i think is not related to any news or development.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ...Remember that ETH do follow the movement of bitcoin since bitcoin has been controlling the market per its dominant rate, so the answer is very easy.
Bears taking control now, but it does not mean it will be hear forever as the market situation could change in an instant, that's how unpredictable market is compared to the stocks.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ...Remember that ETH do follow the movement of bitcoin since bitcoin has been controlling the market per its dominant rate, so the answer is very easy.
Bears taking control now, but it does not mean it will be hear forever as the market situation could change in an instant, that's how unpredictable market is compared to the stocks.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
It seems to me that someone bitcoin artificially collapsed. I don’t know about Ethereum ... 
Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.
Or maybe just that people sold their coins and are dont have anything to buy with now. This condition is seen during crisis periods where people sell investments for cash for buying essential stuff and then dont buy back the stocks they sold. Same happened here. Since majority of the countries with big economies have been affected by the virus, hence this scenario.Nothing to panic from your side though. If you have cash at hand buy some of the coins if you wish for a quick flip. But you would not be getting any quick flips because a slight hint of green will lead to some more selling.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable
It's a pity for anyone who is trading or Investing into crypto without having enough patience . It usually result in losses cos you will be tired when you see your money drop low. It's not only about ETH , the market is not stable now so anything could happen either deep or moon just be prepared for it.
Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.
Yes, bears in control of the crypto market and bear run are happening because of the coronavirus! Because of the bear run, not just Ethereum, rather the whole crypto industry facing a very hard time! But you are right, the bear run will be over very soon when the coronavirus gets over! Today, 793 people died in Italy, means we can see another massive dump in crypto, so, right now it's not a suitable time to trade, rather quarantine would be better!
Bears are definitely in control but it will not be here for long and market will sooner or later recover, in these times of uncertainities i would suggest everyone not to panic and stay calm just do not go to gatherings and public places try to stay at home and order your everyday use products online.
Bears took control of everything in the world right now, there is no more bulls left anywhere. However, right now we are doing alright, prices found bottom and moving up from there, so I guess bears did what they said they will and now moved out, time for bulls to come back any day now. I think we will see ethereum going over 150 very very soon, 200 a bit later but again soon.
This drop can't continue forever, we will eventually find a new top but I know it will take some time and meanwhile people are upset about the losses, just try to be patient and we will eventually profit, I know it is hard to wait around while this corona thing stuck all of us in our houses and we want to do something but if we wait around I am sure we will do a lot better in the future.
This drop can't continue forever, we will eventually find a new top but I know it will take some time and meanwhile people are upset about the losses, just try to be patient and we will eventually profit, I know it is hard to wait around while this corona thing stuck all of us in our houses and we want to do something but if we wait around I am sure we will do a lot better in the future.
The ETH market is seriously going through a bearish moment which is actually of great concern to many crypto enthusiasts.The reason for that nobody knows but we have got to have a positive attitude that it won't last long.The crypto investors should take advantage of this bearish period to immensely invest into valuable coins and expect the moment of great turn around in the crypto world.We need to stay focused and determined. Nothing should cause us to loose our confidence in the rewards that are assured from crypto. I know that this bearish moment of ETH will soon pass and everyone will smile.
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
In my opinion the ethereum price decline is due to the price of bitcoin falling to $ 5,000. If the price of Bitcoin rises again above $ 10k, I think the ethereum price will go up because the ethereum price againts Bitcoin still stable
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Perhaps you were right afterall because bears later took control of the price of all crypto currency tokens, and only few percentages of token has taken a massive improvements in price.
The positives to take note from this bear run is the increase in volume of crypto currency, which shows that more funds got into crypto currency.
Always dyor because the dip might be over or just beginning
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