Der Ethereum-Preis fällt auf ein 9-Monats-Tief, da die Anleger in Panik geraten

We were doomed once Gold hit 5k before ETH…

tldr; Ethereum’s price has dropped 29% in a week, falling below $2,000 to a nine-month low. Panic selling among investors has led to $1.2 billion in realized losses, with long-term holders also selling, signaling market stress. The bearish trend may continue if the $1,796 support level breaks, potentially pushing prices lower. However, oversold conditions could trigger a rebound if Ethereum reclaims $2,000 decisively, potentially restoring market confidence and advancing toward $2,500.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Ethereum price is the most puzzling thing to me. The network has come a very long way since 2021. The fundamentals (as far as fundamentals can go for any crypto) are far stronger. It’s now POS. It has a very sustainable security model. It is far more decentralized than any other smart network out there. And it actually has improved significantly in terms of fees and through put. Not to mention the burn mechanism keeping inflation in check.

Just seems to me that it is building up eventually for a massive upward move eventually. Almost an Nvidia / Tesla type of move.

Maybe one year, maybe 5. But I can’t imagine closing this decade without it being over a trillion in market cap, bar a massive meltdown in world markets, major quantum hack or some other black swan. Current market cap of $250 billion for what essentially is *the* smart contract network is incredibly low.