it is not obviously , because we have witnessed another Bad market these days as there is a huge dumping since yesterday, while bitcoin falls high 20% ethereum is now dumping at almost 30% .
sad to see this happening because i thought the momentum is really High , and the Bull will enter any time soon but with this?
sorry but we are looking at more bearish as December comes.
Yes after all we have to be realistic and don't expect bull market to come any time soon,
this year is likely to end with a bear market and like it or not I think we have to accept it,
to make it clearer, it's better to continue to follow developments
or maybe if not bear at least we will stay at this level or if there will be an increase at least breaking that 20k back again? i have been worry for what would be the bottom here , some says we will see 10k? but i am not affected at all .
for ethereum in november there is no good or bad news so in my opinion Ethereum will be sideways at a price of $1200 to $1400 until the end of the year,
so if there is good news and a $1500 breakout of course the sentiment will be very bullish,
but if there is bad news about Ethereum and breakdown of $ 1000 then it's better to get out of the market and wait for better conditions,
don't be too excited in this bear market because it is very difficult to predict.
why wait for 1k when you can already sell now?
look at your stand ,there is only a few hundred dollars that needs to be taken so best to sell now and wait for more dumping to buy again like that 1k you are saying.