There has been some negative news coming out recently concerning the Ethereum crypto.
These are news related partly to the current bear market, which shows no sign of reversing, and partly related to the recent move to Proof-of-Stake (PoS).
Crypto news: the influence of the bear market and PoS on Ethereum
In reality, the phase of ETH’s price decline seems to have ended in June.
By “bear market” we mean a downward phase, and from the annual low of $800 on 18 June, the price has not fallen below this threshold since.
Previously there had been two major phases of decline, one that began after the absolute all-time highs of 10 November 2021 (nearly $4,900) and ended in late January at about $2,200, and another that began in early April and ended precisely on 18 June.
Since then a long phase of lateralization began, which is still ongoing, marked by an ascent to almost $2,000 in mid-August, and two following phases of decline to $1,080 on 10 November.
So while it can be
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