Hot diggity dang, I wouldn't have guessed ERC could go sub 6k anymore but seems like it can. Most of trading has been done at over 7k (?) so what's the deal with the sales now? Why is it going down? Was it overpriced for months? Is it just generally trying times to every crypto?
you should not try, to make sense from trading and developments. news and trades are only influnced from ech other in a very long run
The immediate influence of events on trading behavour is highly overrated,
except from Bitcoin price developoment. Altcoins are getting sold, when Bitcoin price moves to fast (this is a fact for uptrends as well as for downtrends).
The factor is not related to the up~ or downtrend trend itself, its related on the frequence of changing direction. This hoovering keeps attention very narrow
and news are not getting even noticed. In this time, you could save the universe without anyone getting impressed. Anyway our users are doing a great job, holding and
supporting Europecoin, i am not concerned in any way at the moment ....
have fun
Matthias