All the fud and whales taking profit,slowing down progress in crypto.no wonder new money is not coming into market .perfect opportunity to short the market. I don't need new money to come in to profit, I'll just take a chunk of what's already there . In my opinion this is very healthy. Lots of weak hands exited crypto lately. Serious investors and hodlers remain.
Yes, its a good comment. Taking a look at the market cap in the beginning of 2018, it was around $850 billion but now dangling at $500billion because the whales already take profit and also the week hands already sell off their crypto. Its indeed a healthy one for the crypto market.