I'm really new to trading and I'm trying to work out some of my ideas in hopes to get a better and more solid understanding of the trends in crypto currency and trading in general. The trend of ETH has been really bearish the last month. I expect this is due to people trading their ETH for BTC to maximize their gain in the new Segwit2x coin. Almost all alts are suffering due to this behaviour. I expect, like many of u seem to do, that many alts, including ETH will rise again hard after the Hardfork. This would be due to people re-investing in ETH with their BTC.
I think the general support for ETH is quite big. People seem to believe the platform will have a real application in the future. Therefore, I expect people to go big and really long in ETH.
So this is what I think. PLEASE LET ME KNOW IF YOU DISAGREE AND WHY.
main point is that I'm trying to learn, so any feedback would be very helpful.
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