It could happen though as anything is possible in crypto, whales are just looking for the right opportunity, and if it dump then they'll start making money again. That information you've share is pretty amazing, it only tells that there's a lot of money here in crypto and it will not die, and every time it will dump it could easy bounce back with people pumping it every time it will happen.
It's about the magnitude of the dump. Things of that size and violence don't happen time after time. Like I said it could get back to that price out of sheer boredom and gloom but that would be after weeks, not a few hours. I don't think it can manage it in similar circumstances.
It's just the same as a blow off top except in reverse and the tops don't come around very often either.
Yup, lines up with my thinking at the time:
Nicely called.