Why Is Ethereum Dropping? Key Factors Behind ETH’s Recent Price Dip
Ethereum’s price has been sliding lately and I’m trying to figure out what’s behind it. Is this just a normal pullback after the recent run, or are there bigger issues at play like network upgrades, gas fees, or macro factors such as interest rates and BTC movements? Are whales selling, or is it just weak market sentiment? I’d love to hear what others think—is this a temporary dip or the start of a deeper correction?
22 Answer
Looks like a standard correction to me. ETH had a strong run, so profit-taking was bound to happen. I’m watching the $2,800–$3,000 range for a bounce—if it holds, I’m buying the dip.
Honestly, I'm not concerned about short-term drops. I’m staked and holding for the next few years. Upgrades keep improving the network, so these dips are just noise to me.
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