ETH Sentiment Poll for October - page 2.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: Moshi Moshi on October 13, 2022, 01:06:28 PM

october will be a very decisive month for cryptocurrencies, if the price of Bitcoin dumps up to $17k again of course this is bad for the market,
because Ethereum will also be affected, yes even though judging from the chart there is a possibility of ethereum going back below 10000,
but it also depends on the price of bitcoin. Hopefully it doesn't happen.

This is more possible if the trend continues, we need the hype and the real good news.
I’ve seen Elon’s tweet about 20,000 and many assumes that it’s the price of Bitcoin, let’s see if that can totally affect the price of Bitcoin and the market because if yes, we can expect ETH to pump as well. The bear market is still strong, it will be hard for ETH to pump alone and few months left for October yet the price is still down.

Moshi Moshi

member

Activity: 504

Merit: 10

october will be a very decisive month for cryptocurrencies, if the price of Bitcoin dumps up to $17k again of course this is bad for the market,
because Ethereum will also be affected, yes even though judging from the chart there is a possibility of ethereum going back below 10000,
but it also depends on the price of bitcoin. Hopefully it doesn't happen.

tokeweed

legendary

Activity: 3906

Merit: 1403

Life, Love and Laughter...

^ You made that post around 4 hours ago. I was honestly thinking the same but it looks like ETH just broke another crucial support level just now. :/

But I mean, yeah ok it's happening. But what would have caused for ETH to start breaking down like this? And it's not just ETH, the whole market is red. It hurts looking at it. It feels like the kind of sell down that we'd see go on for a whole week straight.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: tokeweed on October 10, 2022, 09:42:10 AM

I feel like the ETH market has done what it needed to in this market. It has already made all those who were likely to sell, dump their bags. I mean is there really more down side after everything? :/ I used to think yes. But somehow I'm slowly not convinced anymore.

Whole market is very oversold. I agree with you about bitcoin - close to bottom and everyone who wanted to sell already sold. But I'm not that sure about ETH. I think that "pre merge" buyers hoping for "post merge" pump did dump all their bags yet. ETH needs few more month to clear from them. So my pick for ETH is that it will either go down if whole market will go down or underperform if whole market will bounce.

ningrum

full member

Activity: 1610

Merit: 103

The OGz Club

In my opinion, in October, Ethereum will not dump too deep,
it can even be said to be sideways because Ethereum will be in the price range of $1000 to $1300 this month,
so I think Ethereum is still in the sideways zone, but of course if $1000 breakdown,
it's better to cut lose first because it has the potential to dump up to $500.

Crypt0Gore

sr. member

Activity: 812

Merit: 260

Downtrend is still possible in this market, Fed can still ruin everything but it's definitely a good time to start buying, I am ready to see my bag losing 50% of its value in this bear market so I don't care since I am holding for the long term, but not buying now is like missing opportunities that may not last for long, since no one can tell its better to start buying.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: tokeweed on October 10, 2022, 09:42:10 AM

Just like the BTC sentiment poll this month, I just want to know how and what you guys are feeling towards the market, specifically ETH for October...

I feel like the ETH market has done what it needed to in this market. It has already made all those who were likely to sell, dump their bags. I mean is there really more down side after everything? :/ I used to think yes. But somehow I'm slowly not convinced anymore.

I think that after one year of a bear market we are due for a bull market but that said, I am not bullish on Ethereum or BTC anymore. I think other alts like XRP, FTM, and ICP will all see 20x gains soon, particularly ICP with its native BTC and ETH integration, HTTP calls making oracles obsolete, and ISO20022 integration.

tokeweed

legendary

Activity: 3906

Merit: 1403

Life, Love and Laughter...

Just like the BTC sentiment poll this month, I just want to know how and what you guys are feeling towards the market, specifically ETH for October...

I feel like the ETH market has done what it needed to in this market. It has already made all those who were likely to sell, dump their bags. I mean is there really more down side after everything? :/ I used to think yes. But somehow I'm slowly not convinced anymore.

Topic: ETH Sentiment Poll for October - page 2. (Read 253 times)