Post
Topic
Board Speculation (Altcoins)
Re: Why ETH dropped 20% from the high peak? Anyone knows?
by
torrantz
on 01/03/2021, 07:54:27 UTC
I see, it looks like a clearance for price value and gives opportunity for the low end or small time buyers. But how it strengthen the market of crypto?
Maybe strengthen market because the trading volume is kinda high therefore it might reflect that the buy and sell order are on its peak too but honestly that have a little thing to do with the market strength. If the market cap grows bigger the market will be stronger aswell, so therefore eth dumping shouldn't be considered as strengthening the market.