ETH Sentiment Poll for June | Bitcointalksearch.org

tokeweed

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Quote from: fullhdpixel on June 27, 2022, 02:48:39 PM

Quote from: tokeweed on June 26, 2022, 06:19:33 PM

I'm not sure how to read this. But there have been huge swaps like this happening over the weekend. :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges? That would suck. I was kinda hoping that this little run would at least knock on 1700 or something. Which was where support and resistance flipped a couple of weeks ago.

I agree that there are some stuff going on right now, I know that it may not look good the way it is right now, or maybe this is just a regular exchange move or a rich person moving their money somewhere etc etc? I really hope that it is not a bad thing, I know there is a chance it could be, but the better option for us would be seeing that 1.7k instead since it would hype the market a bit.

I know it is not a simple thing, but it is going to definitely help most of us get more involved. If it is in fact a whale selling slowly and not scaring the market because they know what is going to happen next week, then it would be a sad situation for all the people like me who are holding ETH in their portfolio.

Nope it wasn't as what we had hoped. He or maybe they knew something was going to happen and they got spooked. And it's not just that one swap. There were a few of them all swapping huge amounts of ETH to stables. It makes you ask yourself if there's light at the end of the tunnel. Lol.

Anyway after another huge sell down to seal the month of June, I think July will be interesting. I'll make the thread later tonight or do it tommorow. Stay safe guys.

btc78

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while 76% of votes are favoring that the price will fell down to below 17k yet the value is still holding now to above that level and i think the bad days are over and the increase will start any time soon .

so the sentiment for June is almost over because we are few days away from entering the 3rd quarter that will change the momentum of the market.

fullhdpixel

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Quote from: tokeweed on June 26, 2022, 06:19:33 PM

I'm not sure how to read this. But there have been huge swaps like this happening over the weekend. :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges? That would suck. I was kinda hoping that this little run would at least knock on 1700 or something. Which was where support and resistance flipped a couple of weeks ago.

I agree that there are some stuff going on right now, I know that it may not look good the way it is right now, or maybe this is just a regular exchange move or a rich person moving their money somewhere etc etc? I really hope that it is not a bad thing, I know there is a chance it could be, but the better option for us would be seeing that 1.7k instead since it would hype the market a bit.

I know it is not a simple thing, but it is going to definitely help most of us get more involved. If it is in fact a whale selling slowly and not scaring the market because they know what is going to happen next week, then it would be a sad situation for all the people like me who are holding ETH in their portfolio.

tokeweed

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^ Heh yeah...

I'm not sure how to read this. But there have been huge swaps like this happening over the weekend. :/

https://etherscan.io/tx/0xa56074e1ac59f1db583981c2d1adf047f39c9ec1db2cc295917a071a04a5ef20

These guys prolly know what's coming this week and don't want to spook the market by selling down at centralized exchanges? That would suck. I was kinda hoping that this little run would at least knock on 1700 or something. Which was where support and resistance flipped a couple of weeks ago.

slaman29

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Quote from: tokeweed on June 25, 2022, 11:33:29 AM

Quote from: slaman29 on June 25, 2022, 06:33:48 AM

tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

What do you mean? They aren't as cringey as the BTC maxis? Cheesy

And yeah, while I agree ETH rising back up to around 3k USD isn't really anything to be shocked about because really it's just around 3x, it could also go side ways or even worse... Drop down below 1k USD and stay there for a little while. Which would also be not too surprising since we are still in a bear market. :/

Lol well cringey is one thing, but risk is another. BTC holders gain nothing from holding whereas now with PoS ETH holders literally gain more from holding, so it makes sense to just hold and they'll get called maxis simply for that.

I remember the time ETH was below $100 a few times after failing $400 (so that's like x4 price and then falling back down) so yeah, going to $3k is 'normal' but as you said, below 1000 is what we should be well prepared for!

monineklutak

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4 more days and June is coming to an end, and at the moment Ethereum sentiment is of course with the news of PoW to PoS,
I still don't have any information on when Ethereum will switch PoS algorithm, and I don't know, if this will be a disaster for Ethereum or not,
I really don't know. I'm really still worried, because for sure $2000 has to be touched and Ethereum has to be able to stay at $1000 if it wants to survive the next storm again

tokeweed

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Quote from: slaman29 on June 25, 2022, 06:33:48 AM

tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

What do you mean? They aren't as cringey as the BTC maxis? Cheesy

And yeah, while I agree ETH rising back up to around 3k USD isn't really anything to be shocked about because really it's just around 3x, it could also go side ways or even worse... Drop down below 1k USD and stay there for a little while. Which would also be not too surprising since we are still in a bear market. :/

slaman29

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tokeweed I don't think there really are ETH maxis, who are comparable to BTC maxis. There definitely are a few whale accumulators but you also have to understand from the perspective of PoS which makes it of course more valuable to hold and stake to earn 'interest'.

Anyway I think darewaller has a point about 3k nothing to be shocked about, although it does seem a bit optimistic for 3x gains in 6 months left to the year but ETH 2.0 might just be cause for that.

darewaller

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Quote from: tokeweed on June 24, 2022, 12:05:33 PM

Just like how BTC maxis like to buy dips, tho they forget that there's a dip to the dip to the dippity dip, ETH maxis also like to get in for as low a possible. And with the merge coming, ETH should rise over 3k some time in 2023 imho. But then again we'll see. I can't wait for either scenario. If ETH does merge with the beacon chain, maxis get annoyed and be all hate. And if it doesn't, maxis be all annoyed like they cared and still be all hate. Cheesy

Anyway I think the next poll for July would be if ETH can go up over 1700 - 1800.

I think 3k+ is nothing shocking to reach, that could be reached this year and I wouldn't be shocked. The real kicker comes in at 5k+ if that could be reached, that is going to make a lot of heads turn. We bottomed at around 1k, and 5k would mean a 5x return and I am guessing that in a year or so we could get there.

It is not easy to wait a year in the crypto world for some reason, many people just "actively waiting", instead of passive, they do not just leave and go live their life and come back a year later, they check it every 5 minutes to see what happened, and doing that for a whole year is near impossible, most end up selling eventually.

If people can learn how to ignore and move on after a big investment, they could totally make a lot more money, it is not going to be simple and it is not going to be easy, but it is definitely going to be something that we should be doing in order to make a bigger profit. This is a simple thing, ETH will be 5k one day, maybe a year from now, maybe 2 who knows but making 5x is a big deal, and you just... do nothing, absolutely nothing and you profit.

tokeweed

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^ Just like how BTC maxis like to buy dips, tho they forget that there's a dip to the dip to the dippity dip, ETH maxis also like to get in for as low a possible. And with the merge coming, ETH should rise over 3k some time in 2023 imho. But then again we'll see. I can't wait for either scenario. If ETH does merge with the beacon chain, maxis get annoyed and be all hate. And if it doesn't, maxis be all annoyed like they cared and still be all hate. Cheesy

Anyway I think the next poll for July would be if ETH can go up over 1700 - 1800.

Edit: Looking at the monthly... It don't look good fam.

SirLancelot

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Quote from: tokeweed on June 21, 2022, 08:06:13 AM

Quote from: FanEagle on June 20, 2022, 09:11:51 AM

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

It could be but I'm still hopeful for 500 bucks some time later this year before the merge. The current bounce is a natural reaction after a huge sell down. Shorts should start covering around the current range as a pump could spook them from being squeezed. There's also a threat of being stop run by whales... As for how high the bounce is, no idea. But open an hourly chart and see that there's some resistance at the 1240 - 1260 range.

Hopeful for 500 sounds so weird when you think of it out of the context Cheesy

I mean normally that would be a bad thing, like if you consider it from a bad person narrative, it could sound like "OH! I hope it goes down to 500 and then to zero so you all lose money!! muhahahahahha" but the reality is different of course, when you add context it becomes like "Oh I hope it drops so I can buy even more and make even more profit because we all know it will recover eventually anyway". That is a good thing, knowing the context, and trusting ethereum enough that even if it falls so much more, you would still be supporting it and would invest into it.

tokeweed

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Quote from: FanEagle on June 20, 2022, 09:11:51 AM

Quote from: Inspiron14 on June 19, 2022, 08:47:37 AM

Quote from: ?? on ??

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

It could be but I'm still hopeful for 500 bucks some time later this year before the merge. The current bounce is a natural reaction after a huge sell down. Shorts should start covering around the current range as a pump could spook them from being squeezed. There's also a threat of being stop run by whales... As for how high the bounce is, no idea. But open an hourly chart and see that there's some resistance at the 1240 - 1260 range.

blue_hurricanger

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Quote from: FanEagle on June 20, 2022, 09:11:51 AM

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

We might not see ETH drop anymore lower than the $1000 for this month. It seems like below the $1000 for a few days is the best time to accumulate it for this month. ETH is considered as long-term investment. ETH price at $1000 for the entry point is still a good investment.

FanEagle

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Quote from: Inspiron14 on June 19, 2022, 08:47:37 AM

Quote from: ?? on ??

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

I agree, 1000 is definitely one of the best prices to buy ETH right now, not saying that it can't go down more, it can definitely go down more and just because there is a resistance doesn't mean that it has to fail.

But, when you see a strong resistance like this, it is very important to end up finding a bit of money to invest right now so you could make a good return. I mean think about it, making 5x is not that difficult when you buy ETH at this price, it is only 5k and that's nothing we can't do when the bull is back, hell even 10k+ could happen and that is more than 10x return and I bet that everyone is loving that. Hence I would suggest buying right now for sure.

ElmedoRator

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Quote from: Inspiron14 on June 19, 2022, 08:47:37 AM

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

The general situation of both the market and ETH is no exception. The price has dropped and we are seeing support levels being broken gradually according to the knowledge of technical analysis. I also heard about some ETH liquidations from many projects as well as the recent 3AC case. Although I am also a big supporter of ETH, after making a profit with it, I no longer think about when I will have to buy it back. Observing everything is still highly appreciated by me.

tokeweed

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^ Not as strong as most thought but it looks like it's up above 1k now and mostly likely we also have a bounce. I would try to play it with a couple of alts but I'm not expecting the move to be something going over 3k or so. Maybe it could but do we really expect these coins to hold those gains during a bear market? I'd be expecting ETH to slowly get back to its lows after the bounce. Dunno... Not financial advice.

The merge is somethng to think about later this year tho. There's another testnet merge coming in a month or so.

Inspiron14

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Quote from: saint_casanova on June 18, 2022, 03:04:00 PM

Quote from: rhomelmabini on June 18, 2022, 10:47:55 AM

Quote from: tokeweed on June 18, 2022, 10:25:32 AM

How does that make you feel? And the bull market doesn't just come back. So it'll stay near the bottom for at least a year or so. At what ever price range that is, we can't be sure. It could be at 800, 500 even 300? Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

Current market price is below $1000 but we will see small corrections in low timeframe charts soon. After each correction selling and joining bears will be best decision, risk is always there and you have to accept it before trading, IMHO.

it's time to buy, $ 1000 is a strong support for Ethereum,
and look at the price had dropped below $ 1000 and now the price is back above $ 1000,
this is because the sentiment from the market is really saturated to continue down, will definitely rebound,
maybe $ 1500 or $ 2000 before there is another dump, take advantage of it

kotajikikox

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Quote from: saint_casanova on June 18, 2022, 03:04:00 PM

Quote from: rhomelmabini on June 18, 2022, 10:47:55 AM

Quote from: tokeweed on June 18, 2022, 10:25:32 AM

How does that make you feel? And the bull market doesn't just come back. So it'll stay near the bottom for at least a year or so. At what ever price range that is, we can't be sure. It could be at 800, 500 even 300? Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

That is the most stupid advise mate , Waiting for DIP? how can you? are you sure that you can find the timing to buy in dumping market?

What is good to do is Invest each time you have a small amount that can afford to risk because long term Holding is what we can do to keep safe our investments and never to expect fast increase or profit because that is the greediest attitude and will bring losses instead.

KennyR

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The market of ethereum have declined down to $900 in the last 24hrs. However there is bounce reaching close to $1000. This is the market fluctuation as it is in mutual move with the bitcoin market. On the other side there are projects that are developed over the ethereum blockchain standing strong with not much of downward movement. So, it looks like the bounce back will happen within the next few months reaching around $1500. Until then the movements will be within specific limits.

saint_casanova

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Quote from: rhomelmabini on June 18, 2022, 10:47:55 AM

Quote from: tokeweed on June 18, 2022, 10:25:32 AM

How does that make you feel? And the bull market doesn't just come back. So it'll stay near the bottom for at least a year or so. At what ever price range that is, we can't be sure. It could be at 800, 500 even 300? Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

We should stay away most of the time and only start investing or 'buy the dip' when the market shows signs of recovery, fix that for you. Believe me, when everyone is in fearful mode, you won't see any decent increase in price while a huge amount of risk for it to be lower.

Wilhelm

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I believe the merge will be a huge success and once everyone adapts it will go up significantly.
Ethereum has way more utility than Bitcoin.
No new coins can be mined so there will only be 170M or so coins. That means that with the merge and the current Bitcoin price it would mean that approx $2400 is the current price. It's s as 2X for sure.
When Bitcoin climbs to $100k ethereum should be at least $12k or higher.

super bako

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I prefer to remain silent and monitor, allowing the bear season to enter the market until it reaches the bottom price position even though it has not been confirmed. and I will not enter the FUD network sometimes the risk is very big no one knows the time will come. there is a good time for us to start tomorrow

rhomelmabini

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Quote from: tokeweed on June 18, 2022, 10:25:32 AM

How does that make you feel? And the bull market doesn't just come back. So it'll stay near the bottom for at least a year or so. At what ever price range that is, we can't be sure. It could be at 800, 500 even 300? Just stay away from the market rn.

It may be an unpopular opinion but when the masses is in fearful mode, we should stay away? I tend to disagree on that though. But the possibilities doesn't end there just because it's the trend, potential upside is a possibility too. I may sound a permabull here but selling right now would just give you more losses, it's already down 80% and in my opinion I wouldn't be ever more bullish than before from this range.

tokeweed

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^ I think it's time to start thinking about not trading anything right now, even BTC unless it's part your core holding that you bought awhile ago and willing to keep aka hodl.

Check this out. Without any indicators and any bs lines.

How does that make you feel? And the bull market doesn't just come back. So it'll stay near the bottom for at least a year or so. At what ever price range that is, we can't be sure. It could be at 800, 500 even 300? Just stay away from the market rn.

Hypnosis00

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Quote from: tokeweed on June 15, 2022, 07:28:47 AM

Everybody was prolly getting very excited to see ETH drip below 1k to scoop some up before the inevitable bounce. But not today folks. Whales and the big players got in first and scooped everything up before it could even go there... Not saying that there's no chance of it happening. But these sell downs caused by events rarely last more than a day or two. Wait for when there's no news and a disinterest in the market for that slow drip down to 500. We'll see.

Not really excited, though. I was hoping for the best by now since I was done buying ETH last week, May I would buy some but just trying to observe the market first and likely waiting for the bottom price. I was now following the trend of Bitcoin as this was the basis of the market movement. Unfortunately, it was to see the decline have to continue which probably affected ETH and altcoins to drop more.

I hope this month of June will be the bottom and no more drops will occur by July. But if there is, I'm worried about the panic selling showing up again and dragging the market to be worse just like in 2018.

btc78

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It seems like Ethereum is going to drop further ? the sign of lowering down to 1k is near to come

https://coinmarketcap.com/currencies/ethereum/

now the price is almost there , as the time of typing? the price is 1,028 Dollars , that is few dollars away before the drop comes .

and the market is again showing some bad movement , it is 2 digits fall for the main cryptos .

robattfield

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Witnessing the market over the past few days, I feel ETH will continue to fall to the thresholds of $800–1000. Many funds have liquidated their assets with ETH. But to be honest, this is still a great altcoin in the market and worth holding. It won't matter if we keep them and sell them back when the price is higher for a profit. Even I'm still holding ETH since I bought them for only $90, so at the current value I'm happy with the profits, just that the people who buy them at a high price later feel worried.

FlamingFingers

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Y'all should be expecting ethereum at probably $700+ the support at $1000+ is not that strong, there is a big chance that it will fall to that price, its all based on personal opinion and technical analysis, not a financial advise. I see lots of people thinking that ethereum had bottom that was how they said few days ago when it was at 1700+, imagine shorting from this position

FanEagle

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Quote from: Lagduf on June 15, 2022, 09:36:38 AM

Ethereum is always dropping these days and sentiment for june is still extremely bearish. Bitcoin is also triggering the big bearish trend to happen. The sentiment maybe the same until the end of this year. It's very hard to know where will be the bottom for ethereum.
I do believe if something big may come but not for this year. It's not only crypto market even so many countries are also facing the difficult time as well.
Just be patience until everything will be okay again.

ETH is not dropping alone though, you have to see that. I mean if it was just ETH that went low, I would look for a mistake there, however we are talking about all of the market going down all at the same time. Which means that maybe we are not really making a big mistake with investing into ETH? Even when it is going down?

It sounds like it is totally a regular thing and shouldn't be a problem at all. Don't get me wrong, ETH could turn out to be a bad investment, there is no guarantee that ANY (including btc) investments will make you a profit. But the way to understand it is not seeing it drop when the whole market is low as well, it is an individual move, and it is not moving individually right now.

Lagduf

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Ethereum is always dropping these days and sentiment for june is still extremely bearish. Bitcoin is also triggering the big bearish trend to happen. The sentiment maybe the same until the end of this year. It's very hard to know where will be the bottom for ethereum.
I do believe if something big may come but not for this year. It's not only crypto market even so many countries are also facing the difficult time as well.
Just be patience until everything will be okay again.

tokeweed

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Everybody was prolly getting very excited to see ETH drip below 1k to scoop some up before the inevitable bounce. But not today folks. Whales and the big players got in first and scooped everything up before it could even go there... Not saying that there's no chance of it happening. But these sell downs caused by events rarely last more than a day or two. Wait for when there's no news and a disinterest in the market for that slow drip down to 500. We'll see.

yohananaomi

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Quote from: Reatim on June 03, 2022, 02:09:58 AM

6 posts in this thread and 3 voters but all of those voted for YES and this means community believe that this is coming like what we expect from Bitcoin to fall at least below 25k .

Ethereum still holds 1800$ price now but there is something coming soon as the market is still in dumping situation .

I have a steady funds now in which waiting for lowering price to buy more of Ethereum , lest see what comes this sooner.

it's now 13 and the price has reached $1,153, obviously real and it's certainly true that everyone believes it will.
the question now is whether it will not be able to reach under $ 1K? once again dicrypto everything can happen and it's hard to guess.
you are right when you already have ethereum to hold it and immediately buy again if there will be a decline again.
it doesn't hurt to hold on to ethereum because in time ethereum will increase again.

el kaka22

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It's really fine to see it at this level. I am not saying that it should always stay at this level, but at the very end, we should realize that 1300 is still quite close to previous ATH, and that's the important thing. We are at a level where we call the previous 2018 ATH a big fall, a crash, something to worry about.

I feel like I remember it being under 100 dollars just like a year or two ago, how could I feel terrible about this price? Plus, whenever a hype happens and prices go up, ETH is the number one coin people use to create projects, and it becomes so much used that gas fee becomes huge as well. So, I have absolutely no worry about it at all.

tokeweed

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Quote from: ice18 on June 14, 2022, 05:06:55 AM

Looks like ETH is not stopping here theres no bullish confirmation yet, Im expecting another lower low just below 1k, others said it can go lower to 700-800 well thats very possible in this market situation where everyone are on panic sell because we are in a bear market right now, opening any long trade right now is very risky.

Yup it's not too far off. But I feel like we're going to get a small bounce in a couple of days before going back down and continuing the trend. This thing ain't over and we're a long way off to the next bull market. We're stuck at these ranges for at least a year or so. Maybe two... -_-

But who knows, maybe the merge becomes a catalyst for ETH to get out of the rut its in. Cross your fingers.

SirLancelot

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Quote from: peter0425 on June 13, 2022, 12:13:03 AM

Sadly? Ethereum now drops hard now with Negative 27% and staying at 1,300$ in which really frustrating to all of us(who supports ethereum)

https://coinmarketcap.com/currencies/ethereum/

I also feel bad because all the funds i reserved is for Bitcoin as i did not see this coming , now all my EThereum will be kept long and will add no more as I have no extra funds for re investing .

That is because btc drops massively too. From 28k last day now down to 23k. It's sad to say this but I think we can continue to go lower on the said price. It is frustrating but we can't do anything for now but to hodl tight. Don't let your fears and doubts eat you because you can surely lose that way.

If you support eth then you must willing to face even the hardest times like this one we are experiencing now. Cheer up because if you look around you, it wasn't only eth that is down but almost all of the coins are suffering the same thing. It's only regretful on your side because you have used all your funds too early and now there's nothing left for good moments like this.

bitterguy28

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Quote from: ice18 on June 14, 2022, 05:06:55 AM

Looks like ETH is not stopping here theres no bullish confirmation yet, Im expecting another lower low just below 1k, others said it can go lower to 700-800 well thats very possible in this market situation where everyone are on panic sell because we are in a bear market right now, opening any long trade right now is very risky.

As mentioned above us , The recent ATH of 2017 has been broken so I think that if Bitcoin also fall from the 2017 ATH? then we will be seeing the bad side of the market that does not happened from 2020 fall(because of the saddest of Pandemic)

But lets look at the bright side now, Maybe there is no chance of falling down below 1k?

as the market seems to be staying in this level now and hope to stay in the whole week or at least till the second quarter ends.

btc78

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Quote from: ice18 on June 14, 2022, 05:06:55 AM

Looks like ETH is not stopping here theres no bullish confirmation yet, Im expecting another lower low just below 1k, others said it can go lower to 700-800 well thats very possible in this market situation where everyone are on panic sell because we are in a bear market right now, opening any long trade right now is very risky.

Ethereum is the biggest loser now as dumped by 32% in the last 7 days https://coinmarketcap.com/currencies/ethereum/ meaning this is not stopping here because while other coins below bitcoin and ethereum is recovering now ? yet both coins are dumping.
Maybe we can see that lower to 1k in the next couple of weeks if the trend does not change sooner.

ice18

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Looks like ETH is not stopping here theres no bullish confirmation yet, Im expecting another lower low just below 1k, others said it can go lower to 700-800 well thats very possible in this market situation where everyone are on panic sell because we are in a bear market right now, opening any long trade right now is very risky.

milewilda

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Quote from: peter0425 on June 13, 2022, 12:13:03 AM

Sadly? Ethereum now drops hard now with Negative 27% and staying at 1,300$ in which really frustrating to all of us(who supports ethereum)

https://coinmarketcap.com/currencies/ethereum/

I also feel bad because all the funds i reserved is for Bitcoin as i did not see this coming , now all my EThereum will be kept long and will add no more as I have no extra funds for re investing .

No one had anticipated that we do really going low which is something that we've never expected yet people do even believe that we might be seeing some recovery for the month of June
but sadly we are seeing the opposite. This doesnt only limit out for ETH but also with BItcoin and other altcoins in the market which is really on that bloody situation.
Right time to invest? Yes, its your choice whether you do make out some immediate action on the current market condition or would wait up even more
so its up to your choice.

tokeweed

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Quote from: peter0425 on June 13, 2022, 12:13:03 AM

Sadly? Ethereum now drops hard now with Negative 27% and staying at 1,300$ in which really frustrating to all of us(who supports ethereum)

https://coinmarketcap.com/currencies/ethereum/

I also feel bad because all the funds i reserved is for Bitcoin as i did not see this coming , now all my EThereum will be kept long and will add no more as I have no extra funds for re investing .

And here's the thing, ETH's previous all time high from 2017 was breached, possibly turning it back to resistance again. It sucks but I guess it's time to pick your spots at these low prices. And it could still go lower but does anybody think it could go below 1k USD? Maybe, who knows... And I think it's time to ape if it does. The merge should give a huge boost for ETH at the end of the year.

Quote from: Wilhelm on June 11, 2022, 01:51:35 PM

Quote from: 0verseer on June 11, 2022, 11:55:28 AM

Quote from: tokeweed on June 11, 2022, 08:16:34 AM

Aaand it's gone. :/ 1700 breached yesterday, was hoping it would go back above it today, but no... Went for the worse outcome and dropped some more to a daily low of 1545 and looks likely it's staying around that range with some possbility it could go down more over the next weeks. This market is def spooked and it's only getting worse. Stay safe guys. Pick your spots when everything is a bit less volatle.

Fear/bearish market is the worse. A small change in the stock market with enough bad news can crash the crypto market right away. Just 10 days in and we've broken the $1500 price range. I vote yes, ETH will go down, over the 1700 - 1800 range but didn't expect it was this fast.

It's actually the best. Only problem is wanting instant gratification and greed.
Even if ETH goes down more, the fundamentals and second highest marketcap say it will survive and recover.
Returning to $4800 is a pretty low risk bet and a minimum 3X profit in at most 4 years.
If coin creation is capped by 90% after the merge it's another 8X on top making a 24X profit possible.

True true... But hoping for ETH below 1k before it could get me really interested. I think I go for 'hodl' this time around, sell everything and be an ETH maxi for the next couple of years. Cheesy

ven7net

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Quote from: tokeweed on June 02, 2022, 10:56:18 AM

Just like the BTC sentiment thread that I've been doing every month, I'd like to know what the guys who are mostly into altcoins are feeling with the market right now. But we'll mostly be talking about the top altcoin Ethereum.

So yeah, with the merge being postponed again from July to September, what do you guys think will happen? Will there be another postponement? How will it affect the price? Will 1700 - 1800 range hold or do we see another drop? I'm really curious what you guys are thinking rn.

As we can see, the price of ETH went down, which means that the information about the postponement of the merger was not in vain. Probably someone knew that the market was waiting for a collapse. But as I personally think, we are now witnessing a global market decline, which indicates that the next cycle ended in winter and a new cycle began, and at the beginning of each cycle, the market always went down and this fall will be protracted.

peter0425

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Sadly? Ethereum now drops hard now with Negative 27% and staying at 1,300$ in which really frustrating to all of us(who supports ethereum)

https://coinmarketcap.com/currencies/ethereum/

I also feel bad because all the funds i reserved is for Bitcoin as i did not see this coming , now all my EThereum will be kept long and will add no more as I have no extra funds for re investing .

romero121

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The price have fallen low to the price mentioned on the polling. In the last 24 hrs the price of ethereum have fallen low reaching around $1436. This fast downward move will keep the market in high volatility. Maybe this can move between $1400 - $1600 for some time period. Massive price correction can happen, before which the price can fall even lower to the current low price. Now it has bounced above $1500.

Wilhelm

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Quote from: 0verseer on June 11, 2022, 11:55:28 AM

Quote from: tokeweed on June 11, 2022, 08:16:34 AM

Aaand it's gone. :/ 1700 breached yesterday, was hoping it would go back above it today, but no... Went for the worse outcome and dropped some more to a daily low of 1545 and looks likely it's staying around that range with some possbility it could go down more over the next weeks. This market is def spooked and it's only getting worse. Stay safe guys. Pick your spots when everything is a bit less volatle.

Fear/bearish market is the worse. A small change in the stock market with enough bad news can crash the crypto market right away. Just 10 days in and we've broken the $1500 price range. I vote yes, ETH will go down, over the 1700 - 1800 range but didn't expect it was this fast.

It's actually the best. Only problem is wanting instant gratification and greed.
Even if ETH goes down more, the fundamentals and second highest marketcap say it will survive and recover.
Returning to $4800 is a pretty low risk bet and a minimum 3X profit in at most 4 years.
If coin creation is capped by 90% after the merge it's another 8X on top making a 24X profit possible.

Mame89

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Quote from: Captain Corporate on June 05, 2022, 06:19:07 PM

If the price range was a bit further off, then I would be able to say no clearly, I still said no but I believe that when the price is 1815, and the question "will it be under 1800", that could happen in 2 minutes, like at any moment right now. This is why I am not entirely sure if that would be a good idea or not to actually say it won't drop that much. If the question was 1500 for example, I would say that no it would not go under that, it looks quite low for what it is right now and the price would be great, but at the end of the day, we are going to end up seeing 1800 or under at certain times for sure.

2018 bear season forced to lower to -90% more altcoins. like ETH last year after the bull season finished from 1400$ all the way to 85$ what percentage of the decline was in bear season which surprised all investors and on the other hand a great time to take over buying for the 85$ bottom price moment. I think ETH could still go down in the current year, although no one knows what low it will hit.

0verseer

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Quote from: tokeweed on June 11, 2022, 08:16:34 AM

Aaand it's gone. :/ 1700 breached yesterday, was hoping it would go back above it today, but no... Went for the worse outcome and dropped some more to a daily low of 1545 and looks likely it's staying around that range with some possbility it could go down more over the next weeks. This market is def spooked and it's only getting worse. Stay safe guys. Pick your spots when everything is a bit less volatle.

Fear/bearish market is the worse. A small change in the stock market with enough bad news can crash the crypto market right away. Just 10 days in and we've broken the $1500 price range. I vote yes, ETH will go down, over the 1700 - 1800 range but didn't expect it was this fast.

onecall123

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But the trouble is continuous, as 1 ETH = $1,510.

Ethereum markets are experiencing difficulties right now, losing 10% of their value in the last 24 hours. Ethereum's depreciation had been pushed down to $1510 due to inflation and macroeconomic factors. A low was reached exactly on March 22. It might be a good idea to wait for more incoming dumps to invest or to DCA!

Wilhelm

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I was looking at google trends for Bitcoin and ethereum.
To my surprise there is massive interest in ethereum from china and hardly any interest in Bitcoin.
There is something big going on in China around ethereum.
Maybe it's the miners or something else that will be explosive Huh

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Aaand it's gone. :/ 1700 breached yesterday, was hoping it would go back above it today, but no... Went for the worse outcome and dropped some more to a daily low of 1545 and looks likely it's staying around that range with some possbility it could go down more over the next weeks. This market is def spooked and it's only getting worse. Stay safe guys. Pick your spots when everything is a bit less volatle.

tokeweed

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Ropsten testnet has successfully merged to the beacon chain and it has now transitioned to proof of work. So yeah... A couple of testnets more then mainnet is next.

As for how the ETH market reacted on the testnet merge, nothing much. I think the mainnet merge is too far off for the market to ger hyped for it and start buying up. We'll see by the third testnet merge. That should happen in around three months with mainnet merge around December?

Johnyz

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Quote from: kotajikikox on June 06, 2022, 12:48:10 AM

even if this will not happen this June yet I am sure this drop will come this year so I voted for Yes mate , I know that there are some news that may bring Ethereum increase but still we are in bearish years and not until the Halving season comes close there are so many dumping that will come so better be aware and better be ready so you wont miss the trouble in coming months .

and the Votes itself says it all , with majority is pointing to more dropping ?

The drop are more possible if Bitcoin price drops again, for now we are holding into a good trend and this might continue especially if the resistance broke and that’s a good time to pump again. Keep buying ETH at a cheaper price because this is still a good coin, and we know how much is the peak price, that can also happen again in the future so better to have more holdings by that time.

Mame89

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Quote from: sunsilk on June 06, 2022, 03:51:29 AM

I'm still unsure if this is the dip. It could even go lower as the date approaches but if I'm planning to have ETH, I'll just DCA it and if I have money I'll buy.

And if drops some more, as I DCA, I'll have more again if it reaches another lower price. No matter what the decision will be, postponed or not, I'll still take this with my pocket together with bitcoin.

I'm not a fortune teller, but the loop of time keeps repeating itself. November of every year is always associated with recovering from a bear market. so I think the ethereum altcoin might still be able to go down to 1500.400.1300 and it will take a long time to reach November this year, yes there is still a little more decline that I expect tomorrow.

tokeweed

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^ Yup, I or anybody really can't say you're wrong there. But the 1700 - 1800 range has been holding well so far as support. But for how long and how strong... Nobody really knows. One thing I could say is if the merge happens and nothing goes wrong, I think we'll start seeing ETH staying above 2000 or even 3000 and not go back down.

And btw, the first test for the merge is happening in 30 mins!

https://wenmerge.com/#ROPSTEN

Cross your fingers and hope nothing goes wrong so we get to be a step closer for the real merge by year end.

sunsilk

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I'm still unsure if this is the dip. It could even go lower as the date approaches but if I'm planning to have ETH, I'll just DCA it and if I have money I'll buy.

And if drops some more, as I DCA, I'll have more again if it reaches another lower price. No matter what the decision will be, postponed or not, I'll still take this with my pocket together with bitcoin.

Inspiron14

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Quote from: Republikcoin.com on June 05, 2022, 06:37:45 PM

Quote from: kesmex on June 05, 2022, 11:55:14 AM

I think it all depends on the price of Bitcoin, currently the bitcoin price is above $30000 again,
this is a good sign to start bullish, but I remember, it's the weekend,
so manipulation can happen in Bitcoin price and altcoins will certainly follow it, including Ethereum,

Bitcoin price is still at $30k and even below at the moment, and that's not a sign to start bullish again in the market as the price movement of each coin has not been very visible at the moment including Ethereum and several others. Currently the market conditions are not in a very good condition, because the decline is still frequent and the price increase only occurs in a very small size.

Yes it's true and better don't get your hopes up for a bull to happen in the near future,
So far there has been no sign of a bullish season and we need to be patient for that,
The most important thing is to just follow the progress and we'll see

slaman29

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Quote from: Captain Corporate on June 05, 2022, 06:19:07 PM

If the price range was a bit further off, then I would be able to say no clearly, I still said no but I believe that when the price is 1815, and the question "will it be under 1800", that could happen in 2 minutes, like at any moment right now. This is why I am not entirely sure if that would be a good idea or not to actually say it won't drop that much. If the question was 1500 for example, I would say that no it would not go under that, it looks quite low for what it is right now and the price would be great, but at the end of the day, we are going to end up seeing 1800 or under at certain times for sure.

Yeah it was just under 1800 yesterday but you're right it's kind of pointless to say whether or not it'll drop or if it does, how much it'll drop. Everything is just so hard to predict in crypto.

We can even talk about low point never breaking past the previous ATH as support (which makes $1400 the support) but we've all seen crypto surprise us again and again.

All I can say is, if it does fall below $1400, there will be all kinds of fear.

kotajikikox

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even if this will not happen this June yet I am sure this drop will come this year so I voted for Yes mate , I know that there are some news that may bring Ethereum increase but still we are in bearish years and not until the Halving season comes close there are so many dumping that will come so better be aware and better be ready so you wont miss the trouble in coming months .

and the Votes itself says it all , with majority is pointing to more dropping ?

adaseb

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I already said pretty much the same thing in the Bitcoin sentiment thread over in the speculation section of bitcointalk.

Ethereum performance in June will be mostly correlated with Bitcoin and bitcoins will be correlated with the stock market. This week we got an important CPI date. This is important because we will see if the fed rate hikes are helping.

If they are not helping then more sells off in stocks and crypto due to even higher rate hikes and if they are lower then the opposite will be true.

Republikcoin.com

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Quote from: kesmex on June 05, 2022, 11:55:14 AM

I think it all depends on the price of Bitcoin, currently the bitcoin price is above $30000 again,
this is a good sign to start bullish, but I remember, it's the weekend,
so manipulation can happen in Bitcoin price and altcoins will certainly follow it, including Ethereum,

Bitcoin price is still at $30k and even below at the moment, and that's not a sign to start bullish again in the market as the price movement of each coin has not been very visible at the moment including Ethereum and several others. Currently the market conditions are not in a very good condition, because the decline is still frequent and the price increase only occurs in a very small size.

Captain Corporate

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If the price range was a bit further off, then I would be able to say no clearly, I still said no but I believe that when the price is 1815, and the question "will it be under 1800", that could happen in 2 minutes, like at any moment right now. This is why I am not entirely sure if that would be a good idea or not to actually say it won't drop that much. If the question was 1500 for example, I would say that no it would not go under that, it looks quite low for what it is right now and the price would be great, but at the end of the day, we are going to end up seeing 1800 or under at certain times for sure.

crzy

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Quote from: kesmex on June 05, 2022, 11:55:14 AM

I think it all depends on the price of Bitcoin, currently the bitcoin price is above $30000 again,
this is a good sign to start bullish, but I remember, it's the weekend,
so manipulation can happen in Bitcoin price and altcoins will certainly follow it, including Ethereum,

That’s correct, Altcoins is following the trend of Bitcoin and if it successfully break those resistance, then we might be able to see good prices of ETH as well. It can happen this Month or in the coming months, it’s hard to tell with ETH but for sure, ETH will rise again and lucky to those who are able to buy more during bear market, that could be the best strategy.

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I'm more than sure there won't be a merger this year, for a variety of reasons. As for the price, I like the way ETH is actively leaving exchange traded wallets and increasingly settling into cold wallets, for long term investing that's a good fundamental factor. I've also read that the pace of ETH burning has slowed down a bit and that may be affecting the price rise. ETH has only lost 62% of its value since its last ATH, some expect ETH prices at $1,100-1,300 in the not too distant future when the bearish trend enters its final phase.

kesmex

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I think it all depends on the price of Bitcoin, currently the bitcoin price is above $30000 again,
this is a good sign to start bullish, but I remember, it's the weekend,
so manipulation can happen in Bitcoin price and altcoins will certainly follow it, including Ethereum,

masterrex

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IMO, I believe that the Ethereum price will fall further as the bearish market trend goes deeper, And probably not just Ethereum but most cryptocurrencies will experience it, Including Bitcoin just like what happened in the past, because I believe as the saying "history keeps repeating itself" Anyway compared before the market capitalization today is much higher so I guess its one of the factor that needs to be considered.

ItsCrafty

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i own eth to accumulate eth, i start with 3 at dec 2021 now i have 8.47 and for end of july i will have sure more then 10 if eth remain in this value. you can hold your eth but there is many mode to hold and make more value without do anything

tokeweed

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Quote from: |MINER| on June 03, 2022, 12:24:38 PM

Quote from: tokeweed on June 02, 2022, 10:56:18 AM

-snip-

Already it's come into 1.7k range .I think if the price of Bitcoin goes down further, it will definitely go below 1700, Not only 1700 but it can go down to 1500. A little while ago, I saw that the transaction of huge amount failed in May. Even then I think if it go down it will bring a good dip for traders.

Yup it's def there and it's an important range. Go check out the ETH daily chart and look at where support was after the May, 2021 sell down. It's right around where the price is right now. And everytime the price fell at that range since then, it always held, went side ways a bit then went up. So really it's not as simple as 'it's at that range so therefore it's gonna break down.'... I mean who knows, whales could be protecting the 1700 - 1800 range. And if they really are it could very may well be the bottom.

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Quote from: wheelz1200 on June 02, 2022, 10:36:24 PM

Regardless of month or technical analysis that you look at no crypto is going to do well in June for the most part. We headed (if we aren't already) dead center into a bear market. Some coins will do better than others but generally don't expect any sustained good streaks for any coin, including eth.

The month of June will be bearish in my opinion too, this bear market will last for long, though June started with a mild one day bull run that drove bitcoin from $26300 to $34500, but the market dropped back. There is nothing special in this year than mimicking 2018, and if it fully mimicked 2018, very possible we are still going more bottom before this year ends.

Quote from: goaldigger on June 03, 2022, 04:55:12 PM

It’s always like this, we are fully dependent to the price of Bitcoin so expect a more related trend and if Bitcoin continues to sideways, ETH will also follow that. There’s no big news with the market right now and with ETH so I expect for a longer sideways trend and I don’t think ETH will move that much on its price for this Month. Above $1700 might be the safest price for me, if it drops on that level I will surely buy more ETH especially at the price of $1500 if ever.

Not only ethereum that will follow, all other cryptocurrencies are going to follow, this is a time for bear market, some coins may even become dead. There is no safest price, it is possible that ether can go below $1000, anything is possible during bear market as it happened in the past.

goaldigger

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Quote from: GreatArkansas on June 02, 2022, 10:08:51 PM

It seems the price action of Ethereum these days is also correlating with Bitcoin. But besides that, I want to see the Bitcoin dominance react too, especially the recent dumps and now we starting pullback, I am expecting that the pullback will favor on Ethereum, like huge percentage of pumps compare to Bitcoin as Bitcoin dominance is dropping.

It’s always like this, we are fully dependent to the price of Bitcoin so expect a more related trend and if Bitcoin continues to sideways, ETH will also follow that. There’s no big news with the market right now and with ETH so I expect for a longer sideways trend and I don’t think ETH will move that much on its price for this Month. Above $1700 might be the safest price for me, if it drops on that level I will surely buy more ETH especially at the price of $1500 if ever.

Mame89

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Quote from: wheelz1200 on June 02, 2022, 10:36:24 PM

Regardless of month or technical analysis that you look at no crypto is going to do well in June for the most part. We headed (if we aren't already) dead center into a bear market. Some coins will do better than others but generally don't expect any sustained good streaks for any coin, including eth.

January to July, which often happens is the month of market crashes or bear season. and August is the first month to choose a bright coin. A lot of people are talking about looking forward to November being so good for the start of a significant uptick. I agree with your analysis, sometimes the season of the bear and the season of the bull from per year the percentage up and down is different

|MINER|

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Quote from: tokeweed on June 02, 2022, 10:56:18 AM

-snip-

Already it's come into 1.7k range .I think if the price of Bitcoin goes down further, it will definitely go below 1700, Not only 1700 but it can go down to 1500. A little while ago, I saw that the transaction of huge amount failed in May. Even then I think if it go down it will bring a good dip for traders.

tokeweed

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Quote from: GreatArkansas on June 02, 2022, 10:08:51 PM

It seems the price action of Ethereum these days is also correlating with Bitcoin. But besides that, I want to see the Bitcoin dominance react too, especially the recent dumps and now we starting pullback, I am expecting that the pullback will favor on Ethereum, like huge percentage of pumps compare to Bitcoin as Bitcoin dominance is dropping.

It's not just 'these days'. It has always been the case in crypto. Almost every coin follows whatever BTC does. And for the market to break away from it, I think BTC has to lose its market dominance and have another coin lead in its place. Maxis hate to hear it but I don't think BTC will be leading the whole space forever.

As for if these down trends are favoring ETH, nope it isn't as of late. Here's a chart of ETH/BTC. ETH is going down faster than BTC since December.

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Quote from: RussianEnglishTranslation on June 03, 2022, 10:18:08 AM

ETH will stay above 1600 and ICP will hover around 10usd before returning to 20usd in July. I think the market reverses at the end of June. We have been in a bear market for over 200 days and it's time for a rebound. This is buy territory.

The future of ICP is questionable, I don't know if it will continue to exist. Binance has announced that they will be removing ICP trading pairs on their Binance Futures platform on June 9. I hope ICP will not be the next century hoax of the crypto market like EOS did.

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ETH will stay above 1600 and ICP will hover around 10usd before returning to 20usd in July. I think the market reverses at the end of June. We have been in a bear market for over 200 days and it's time for a rebound. This is buy territory.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

6 posts in this thread and 3 voters but all of those voted for YES and this means community believe that this is coming like what we expect from Bitcoin to fall at least below 25k .

Ethereum still holds 1800$ price now but there is something coming soon as the market is still in dumping situation .

I have a steady funds now in which waiting for lowering price to buy more of Ethereum , lest see what comes this sooner.

wheelz1200

legendary

Activity: 3780

Merit: 1418

Regardless of month or technical analysis that you look at no crypto is going to do well in June for the most part. We headed (if we aren't already) dead center into a bear market. Some coins will do better than others but generally don't expect any sustained good streaks for any coin, including eth.

mindrust

legendary

Activity: 3276

Merit: 2442

Depends on the FED’s decisions imo. If they decide to be hawkish and raise the interest rates sharply, then crypto will have a bad time against the dollar. If the inflation goes down by a considerable amount, then they’ll increase the rates slowly by .25% and it won’t affect crypto much. This is all about the fed and the inflation now. My guess is that the FED can’t play this tough guy game for long. They’ll become dovish again one way or another.

GreatArkansas

legendary

Activity: 2534

Merit: 1397

It seems the price action of Ethereum these days is also correlating with Bitcoin. But besides that, I want to see the Bitcoin dominance react too, especially the recent dumps and now we starting pullback, I am expecting that the pullback will favor on Ethereum, like huge percentage of pumps compare to Bitcoin as Bitcoin dominance is dropping.

hd49728

legendary

Activity: 2044

Merit: 1018

Not your keys, not your coins!

Quote from: tokeweed on June 02, 2022, 10:56:18 AM

Just like the BTC sentiment thread that I've been doing every month, I'd like to know what the guys who are mostly into altcoins are feeling with the market right now. But we'll mostly be talking about the top altcoin Ethereum.

So yeah, with the merge being postponed again from July to September, what do you guys think will happen? Will there be another postponement? How will it affect the price? Will 1700 - 1800 range hold or do we see another drop? I'm really curious what you guys are thinking rn.

The general sentiment of crypto market is bearish so does Ethereum sentiment. The chart shows there is big gap because of Ethereum massive growth in 2020 and 2021 and it is very reasonable to see it will be corrected to fill these gaps.

So if gaps filled, Ethereum will be fallen to $1000 or $800 before we see a new bull run for it.

Quote from: JeffBrad12 on June 02, 2022, 06:56:59 PM

The postponement has been giving a big drop for ethereum last week, Bitcoin sentiment is still unpredicatble. Sometime it was giving hope for people after we saw a small increase happened with bitcoin but it will be dumping again just like the bulltrap for people. From here. Im not sure whether ethereum will come back again to the 1800 - 1700 range. In fact that if ethereum can go down anytime. I saw some people are being pessimistic after saw ethereum will migrate to the POS.
If bitcoin is dropping again and ethereum will come to that range. It's only two digits away from there.

ETH 2.0 was postponed many times, many months and years so if you see price of Ethereum rises or falls with news release about ETH 2.0, it is not real reason.

After having enough accumulation, price will rise and news about ETH 2.0 is only coincidence or support to its rise. If news released when price already grows too much and general market has to be corrected too, news is not real reason of Ethereum correction

JeffBrad12

hero member

Activity: 2996

Merit: 536

Leading Crypto Sports Betting & Casino Platform

The postponement has been giving a big drop for ethereum last week, Bitcoin sentiment is still unpredicatble. Sometime it was giving hope for people after we saw a small increase happened with bitcoin but it will be dumping again just like the bulltrap for people. From here. Im not sure whether ethereum will come back again to the 1800 - 1700 range. In fact that if ethereum can go down anytime. I saw some people are being pessimistic after saw ethereum will migrate to the POS.
If bitcoin is dropping again and ethereum will come to that range. It's only two digits away from there.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Just like the BTC sentiment thread that I've been doing every month, I'd like to know what the guys who are mostly into altcoins are feeling with the market right now. But we'll mostly be talking about the top altcoin Ethereum.

So yeah, with the merge being postponed again from July to September, what do you guys think will happen? Will there be another postponement? How will it affect the price? Will 1700 - 1800 range hold or do we see another drop? I'm really curious what you guys are thinking rn.

Topic: ETH Sentiment Poll for June (Read 551 times)