Ethereum declines further yet bulls refuse to back down

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The Ethereum fear, uncertainty, and doubt within the crypto community is still high as the asset continues to slide.

The Ethereum FUD is showing no signs of slowing while prices of the underlying asset remain weakened. ETH dumped more than 5% over the past 24 hours, falling from an intraday high of just over $2,600 to a low of $2,460.

It has recovered marginally to trade at $2,550 at the time of writing, but it remains weak, having lost more than 7% since its October high of $2,760 on Monday.

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