Do you guys see the big drop in volumes and bid books? There is no action anywhere. everyone is waiting.
One big seller can create big domino sell-off.
What are your thoughts?
many people in the market gets panic and sell their coins, i think they don't want to get loss because the price is down. there is a big drop in btc and altcoin so people trying to sell no matter the price is getting down to deep. but i guess there are many traders that still holding their coins and only waiting what next will be happen.