I think that Eth went up too far, too fast. I can see it falling back into the RLZ at around the 70.5 % retracement level. The ICO craze inflated the price way too much. It's actually a pretty normal and healthy thing for a market to do.
The sad part is, the market makers are really punishing the people who bought at the top. And venture capital is super volatile anyways. I'm still learning my way around the crypto-space, but it isn't acting that much different than the stock market does. Same patterns, same pullbacks, same places to buy and sell.
It is crypto though, so anything can happen.
Let's avoid these types of reactions haha
