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Topic: Why Ethereum dropped 15% in only 1 hour - page 2. (Read 700 times)

full member
Activity: 325
Merit: 100
November 27, 2020, 07:37:06 AM
#55
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.
Bitcoin has too much influence in the crypto market. hence in one day, Bitcoin fell to $3,000. Investors are psychological and sell BTC to cut loss and ETH also affects and falls. You keep looking on coinmarketcap when Bitcoin increases, the green Altcoins.
full member
Activity: 546
Merit: 148
November 27, 2020, 05:04:15 AM
#54
BTC price dropped and everything followed, price correction is to be expected since the market had been pumping a few days ago. It was not just ETH but almost everything in the market dropped.

There inflow of large amounts of Btc and ethereum which indicates whales were ready to dump on the market. So, there was panic and reaction with traders, hodlers, fuders. This made everyone to sell their holding and market plummet and sank.
I still believe with few days, we will definitely break all time high.
Ethereum network upgrade is coming by Dec 1, there should be more demand by network validates as they really need more ethereum to stake once other platforms start giving out space.

Etheir ways, buy the rumor and sell the news, that's the only way to win in this game.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
November 27, 2020, 02:01:52 AM
#53
The ones that experienced a price decline were not only ethereum but all coins in the market also experienced the same thing, that's because bitcoin is being dumped and in my opinion this is just a correction where there will be a big step soon
The correction will be so long. The recovery phase is happening right now,

https://cointelegraph.com/news/stack-funds-hails-bitcoin-s-healthy-correction-predicts-euphoria-ahead

So many parties were seeing this as a healthy correction. I personally think that the big pump is ahead us. I have prepared myself by buying more ethereum at this moment.
The decline is just an usual thing after the long term increase that happened with bitcoin.

Big waves come very soon.
The market recovery is going on, there will be more people scared and selling their coins, what happened to this market will give us lessons about this market during downtrends and uptrends. I think this drop will be an opportunity to accumulate more altcoins for myself, i am also considering buying more ETH, i am also very interested in BNB, chainlink, Polkadot, ADA and we just need to wait patiently waiting for a response from the market
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 27, 2020, 01:16:34 AM
#52
The ones that experienced a price decline were not only ethereum but all coins in the market also experienced the same thing, that's because bitcoin is being dumped and in my opinion this is just a correction where there will be a big step soon
The correction will be so long. The recovery phase is happening right now,

https://cointelegraph.com/news/stack-funds-hails-bitcoin-s-healthy-correction-predicts-euphoria-ahead

So many parties were seeing this as a healthy correction. I personally think that the big pump is ahead us. I have prepared myself by buying more ethereum at this moment.
The decline is just an usual thing after the long term increase that happened with bitcoin.

Big waves come very soon.
full member
Activity: 1130
Merit: 133
November 26, 2020, 11:47:03 PM
#51
Ethereum is falling fast and there will at least be another strong influence on the market resulting in the price crash, but what's great is that the recovery can still happen within the same day. We know the price is falling but it's just a correction and this is what I'm always worried about, stay calm because after all this is normal unless the decline hits the bottom.
whales short selling when ethereum price hit good price for them. its already rise alot , and close then rebuy will accumulate their ethereum amount. and need to remember this flash sale caused taking profit position and not caused by fud,so we should not worry about this price movement. it will recovered very soon.
full member
Activity: 2576
Merit: 205
November 26, 2020, 09:38:51 PM
#50
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.
Why Only asked for Ethereums fall when all of the currencies are going deep that time,Ethereum drops 15%but Ripple down more than 20% and same as Bitcoin drops big as well.
I believe that this is the normal correction in which happens when there is unexpected Bull run and yeah it happens again recently .
Ethereum is falling fast and there will at least be another strong influence on the market resulting in the price crash, but what's great is that the recovery can still happen within the same day. We know the price is falling but it's just a correction and this is what I'm always worried about, stay calm because after all this is normal unless the decline hits the bottom.
Recovery still On progress as the prices is starting to stabilize And lets Hope that in the next Hours Value of top coins will start climbing up and start the Bull.
full member
Activity: 1204
Merit: 105
PredX - AI-Powered Prediction Market
November 26, 2020, 09:27:17 PM
#49
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.
'Why Ethereum dropped 15% ?' I never wonder why it's down 15% or anything, since i'm not a professional market analyst i can only follow from people who are good at it, and The problem we need to discuss is why it is decreasing, not by how much.

I have also seen and heard from many people warning that there will be another discount, in my experience in this market this will be a real opportunity because if you still have enough money to invest then i recommend buying more altcoin and waiting.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
November 26, 2020, 06:21:17 PM
#48
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.

i think you should learn about the market before you ask,
because up and down will always come in the market, no matter what, and why ethereum dropped about 15% in hour i think this is because a big whales already sell their ethereum to take their profit
It looks like he didn't know about that. Before the crash was happening with ethereum and bitcoin has started the crash. As a trader and we must always try to take the bitcoin chart as the main chart that will be affecting the altcoin chart. He must learn more about that started from here.
It's not caused by the big whales but people liquidated their ethereum into the bitcoin and shorting it.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
November 26, 2020, 06:21:09 PM
#47
Ethereum is falling fast and there will at least be another strong influence on the market resulting in the price crash, but what's great is that the recovery can still happen within the same day. We know the price is falling but it's just a correction and this is what I'm always worried about, stay calm because after all this is normal unless the decline hits the bottom.
sr. member
Activity: 1176
Merit: 252
Futurov
November 26, 2020, 05:36:16 PM
#46
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
sr. member
Activity: 1988
Merit: 275
November 26, 2020, 05:22:38 PM
#45
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.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
November 26, 2020, 05:20:02 PM
#44
Just get ready for a flash crash in the ETH chart and bloody markets will clear all weak hands Wink
Never get used to HYPE and don't trade with leverage more than you can't afford to lose.
The ETH price can touch $700 for the next few weeks but the flash crash will destroy the profit of early traders if they can't get out of the trades in the right time.
JNR
full member
Activity: 585
Merit: 100
@JNRcryptobox
November 26, 2020, 05:19:26 PM
#43
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.

i think you should learn about the market before you ask,
because up and down will always come in the market, no matter what, and why ethereum dropped about 15% in hour i think this is because a big whales already sell their ethereum to take their profit
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
November 26, 2020, 03:55:11 PM
#42
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.
It was nothing less than a jaw dropping cradh personally i was not ecpecting such a quick crash but when i checked with some more experienced friends they told me that correction was due and its good it didnt took long and now market will bounce and recover soon with bulls back in action.
sr. member
Activity: 574
Merit: 250
November 26, 2020, 03:50:47 PM
#41
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.
sr. member
Activity: 1904
Merit: 306
November 26, 2020, 03:50:27 PM
#40
The ones that experienced a price decline were not only ethereum but all coins in the market also experienced the same thing, that's because bitcoin is being dumped and in my opinion this is just a correction where there will be a big step soon
sr. member
Activity: 2464
Merit: 252
November 26, 2020, 03:26:24 PM
#39
It seems the correction has already happened. And it almost equals the growth that was achieved in the past few days. That was just a matter of hours before the increase was totally wiped out.

But no worries. That was somehow expected anyway. That's always the case when there is a pump. People will seal their profit by selling their crypto holdings including Ethereum. Everything's pretty normal. In just a matter of hours also we will be seeing the price of Ethereum and other altcoins get back to having green candles. After the selling is done, the buying resumes. This is still a bullish season overall.
The fall in the price of bitcoin and ethereum is too strong for the situation to be corrected in just a few hours.  Bitcoin fell by almost three thousand dollars in a day, and ethereum by one hundred dollars.  It took them a much longer journey to rise to such price values.  In addition, there is no guarantee that the fall in prices will stop there.  It will probably take considerably longer.  It seems that this year Bitcoin will no longer be able to climb to $ 20,000, as it did in December 2017.
copper member
Activity: 966
Merit: 14
November 26, 2020, 03:09:11 PM
#38
Bitcoin pumps and altcoins starting with Ethereum follows and Bitcoin dumps altcoins starting with Ethereum again follows suit, this has being the trend for a long time. Also, not only Ethereum is feeling the heat of the dump the whole market is also dumping hence it looks like price correction is taking place after days of massive pump which attracted a lot of attention, in the same way, market emotions and sentiment can also have a role in the situation.
In the same way, since the market is unpredictable, it is why it's important to always take profit as at when due, additionally, no one can actually tell when this dump will stop or if there will be another pump, hence those in profit will likely be taking their profits now, which of course will lead to more dump; this to the best of my understanding is how the market works. In addition, irrespective of the dump in the market, most people will still see it an opportunity to get into their choiced coins.
hero member
Activity: 2156
Merit: 521
November 26, 2020, 02:48:24 PM
#37
Precisely now is your chance to double the existing ethereum to decline. But not only ethereum, ripple and other altcoins are also experiencing a decline. So if you have more funds I suggest buying some of them.
full member
Activity: 387
Merit: 100
November 26, 2020, 02:00:39 PM
#36
do you not see BTC, btc is experiencing a correction then other altcoins will also experience a very deep decline.  not only ETH, all altcoins are down very deep ... and my advice is to buy now while it's cheap, don't just be a spectator. Take advantage of the current correction.
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