Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.
Don't keep your eyes off Bitcoin, the first impression we can get from Bitcoin. We don't need to think about this Ethereum dumped. The coinmarketcap has already been dumped. Top altcoins have already been dumped, especially Litecoin, Ripple and XLM. BECAUSE those coin pumps were huge. There is no main reason to dump the Ethereum price.
Eth is not the only one here that suffered the dump. Bitcoin itself is down right now, however, just as expected after the huge pump in the past week. Anyway, the possibility of going up again is high. Because this time, the adoption is real. Companies are really integrating crypto in their system and some financial institutions are continuously buying btc for their stash. So don't panic, this is not the end of crypto market. We will see more of this in the coming years, up and down movement.
thats right my friend, maybe now the market give us a chance to buy more ethereum in lower price
because this is only a corrections, just like the other markets i think this corrections will not stay for long, and soon the price will be back to the track