Quote from: gunungkembar on May 26, 2024, 11:57:26 PM

Quote from: South Park on May 26, 2024, 05:32:58 PM

Quote from: aylabadia05 on May 26, 2024, 03:46:47 PM

What happens next when the price reverses the decline? Is there a reason why that happens?

Relax. Not always focused on the various reasons behind every market event. When the time has come for an event, just stick to the theory of supply and demand.
If most market players are still vulnerable to issues that make them easily give up and make the decision to sell, that will influence the decline.
If in an annual period there is a decline as has occurred recently, it can still be considered a normal condition.

I agree, very often we see newbies and other inexperienced traders trying to find explanations for even the smallest movements on the market, but very often there is no other explanation than that is just the way the price is moving right now, only big movements can have some sort of definitive explanation, but even that is not completely true, so the most important thing for a trader is to concentrate on the price itself and stop worrying too much about why the price does what it does.

Not all cryptocurrency price movements in the market always have an explanation. Sometimes the price movements that occur can be caused by the influence of whales who are manipulating coin prices in the market. But it's not always like that because usually whales will make movements depending on good news or bad news, there are several large media that can influence prices on exchanges.

There are many reasons that cause market movements to go down or up. It could be because of news that makes prices depressed or, as you said, because of manipulation by whales. Anything can happen and that's normal in a movement like this. That's where the art of investing in crypto lies.

But what is most common is that, due to active trading, demand and supply differ, resulting in direct changes.