Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?
It seems that the 10,000 dollars level has sustained itself very well which is without a doubt a good thing, however I'm not going to deny that I am a little bit worried, the massive movement that we have seen since March is without a doubt very important but since then the altcoins have been the ones to push the market forward and that is worrying because as we know altcoins have a tendency to be very unstable and to crash really quickly.
And now that scammers are taking over DeFi it seems to me that we are going to see more and more scams and that is never good for any market and eventually we could see another reduction in the price because of it.