And it shakes the weak hands
Price going down confirms there're more weak hands than strong hands in the market at the moment...
There may be more sellers at the moment but the coins are probably going to bigger believers which will prepare for the next spike up in price
You guess, when you are selling something, what you sell goes to a bigger "believer" in it than you. This is the reason why trade is ever made possible at all. Whether it promises a better price in the future or not still remains to be seen...
