Everythings GREEN!!!! Oh... hey wait, it's red again...

[Duzenn]

In my view, the current bull market has arrived.
So what we need to do is just hold, hold more tokens.

[KuromaYoichi]

Correction is needed even when bullrun, there's a few correction in december bullrun but it seems like a lot of people here have a short memory. There's no way we can keep going up, there's resistance that must be broken and a lot of people want to take profit so we have to go down a little bit before going up again. There's no conspiracy theory, this is just a normal thing.

[Herbert2020]

it is the pump and dump-y aspect of the altcoin market that is causing this. in fact there is a good chance that a big part of bitcoin price drop is because of these pump and dumps as the newbies panic sell and want to run away back to fiat they have to go through bitcoin so they sell their shitcoins for bitcoin and then sell bitcoin for fiat which is creating crashes in bitcoin too.

[DarkBullet]

I believe that the reason why we experience another correction is because of MyEtherWallet hack and some exchange already disable receiving and withdrawing funds on all ERC20 tokens. There might be a panic selling specially on tokens and those investors immediately transferred their assets to USDT. Well, it is normal that when BTC is in near reaching $10k mark, a massive selling happens. We can see another bull run by next week, those big news are coming out now specially the news about nasdaq.

[Luntop]

I think we have nothing to worry about, the market will soon be green again . This is most likely due to news from MyEtherWallet

[Bobby park]

We are all hoping for the next bull run, and many thought that the last week showed promising signs.

And then, today we have another price correction.
You can theorize all you want: maybe it's because of the mew hack, maybe it's just whales manipulating the market.

But the most simple answer, is that open markets routinely price correct as demand and supply constantly shifts.
In the case of a speculative, unregulated, and young market like crypto, the swings are more pronounced.

I think that what we will see here (and what I hope for more than anything), is that the market and investors grow up and stop throwing money at shitcoins.

The next bull run will come, I'm thinking mid may to late may.
And the coins that will perform the best, and throughout the year will be the ones that have an actual product and real world use case.

Guess what happens why there is a sudden crash to the market? Yesterday, there is an article that said MEW was intercepted by the hackers and exchanges suspended erc20 token trading due to potential batchoverflow bug. But don't worry mate! Everything is fine and later on, the market will recover again.

[altsMlk]

I don't think that MEW hijacked scene affected to this red market too much. It is an old news now. Market reversed few days after the news. It seems like a very late respond showed by traders. So It's not what we can expect to see in the crypto market. I think there's another reason behind the scene.

This should not be the end. Market will be green soon. So This is a time to shop some coins for me.

[StephenieDuong]

The market green for last lew day was insane and it need some correction before keep increase, so i should buy more now because the market still in uptrend for atleast 3 more weeks.

[nasipadang]

We are all hoping for the next bull run, and many thought that the last week showed promising signs.

And then, today we have another price correction.
You can theorize all you want: maybe it's because of the mew hack, maybe it's just whales manipulating the market.

But the most simple answer, is that open markets routinely price correct as demand and supply constantly shifts.
In the case of a speculative, unregulated, and young market like crypto, the swings are more pronounced.

I think that what we will see here (and what I hope for more than anything), is that the market and investors grow up and stop throwing money at shitcoins.

The next bull run will come, I'm thinking mid may to late may.
And the coins that will perform the best, and throughout the year will be the ones that have an actual product and real world use case.

Whatever everyone else thinking about that as long as bitcoin is not breaking $8k barrier and it's no problem for me.

The chart looks stable right now after a little correction. "comeback" will have made by crypto as soon as possible. It's just the matter until people are rushing to the cryptocurrency again.

Yes as long as the crypto especially on bitcoin price is still feasible it's not so problem, all we have to do is survive in crypto to still be able to make profit and it depends on each of us. Everyone expects that cryptocurrency continues to grow well without anyone putting into shit coin.

[TorbjornE]

Fluctuations within -5% during the week are usually in all market trends. The growth was too fast from $ 6,500 to $ 9,300 and now there is a regular correction.

[hidden jutsu]

its green then suddenly turns red. its normal, the market is now in recovery mode but it doesnt mean that the increase of its prices will continuous, there is also some dump, stay calm there is nothing to worry about.

[WNbahr]

do not be surprised, all I think walking is just normal rotation market still fair enough fair just enjoy the changes until the price really fits in accordance with the wishes of the heart.

[CaterpillarRave]

exactly. after a strong growth. Prices have been adjusted yesterday and today, I guess after this adjustment, the bitcoin price will go up $ 10500 or $ 11000. And the market will completely recover from downtrend

[peie3691]

Do not always look at the market. You should stay away from him. Once you have determined and confirmed the market trend, then you can stay away from him. Don't always look at it. This will leave you with no idea and eventually give up.

[valnd]

IoIz, Do not get too excited yet, crypto market is so volatile, just one bad news can crash the whole crypto market, let's just hope for good news to keep happening in crypto space, as long as good news keep happening, the market will remain in green and always go uptrend.

[Sithara007]

You need to ignore the short-term swings and concentrate on the general trend. The trend as of now is overwhelmingly positive. During the past one week, the prices have increased from around $7,500 per coin to somewhere around $9,000 per coin. The altcoins are also showing a similar trend.

[Ivy41]

We can actually say we are finally getting some breathing spaces after a tough time out there in the crypto community. I can categorically say the market we saw last week signal a good omen of what we are gonna experience soonest.

[cryptogeek101]

We are all hoping for the next bull run, and many thought that the last week showed promising signs.

And then, today we have another price correction.
You can theorize all you want: maybe it's because of the mew hack, maybe it's just whales manipulating the market.

But the most simple answer, is that open markets routinely price correct as demand and supply constantly shifts.
In the case of a speculative, unregulated, and young market like crypto, the swings are more pronounced.

I think that what we will see here (and what I hope for more than anything), is that the market and investors grow up and stop throwing money at shitcoins.

The next bull run will come, I'm thinking mid may to late may.
And the coins that will perform the best, and throughout the year will be the ones that have an actual product and real world use case.

Yes the MEW hack made a major impact on the recent crypto price drop which I believe will be corrected very soon because MEW developers were able to contain the hack. This second quarter of the year is the bull period so there is no going back. Also the crypto adoption rate is increasing geometrically and that is a welcome development.

[michellee]

I think the market is changing into green again although it's not too big. yes, it gives a good sign for us to sell it right now. but if we want to wait for another highest price, then we need to be patient because soon the price will reach the highest price. although bitcoin price now is not good depends on a few days ago, it gives a good moving in the market so I think it will increase in the next weeks or at least it will increase in next month. I am not too worry about the price as I know that the price will be back to higher price. and I think maybe you can check the price twice in a day so you don't have to get panic if the price is down.

[jakaKak]

If you thought BTC will keep rising to 20k$ you were wrong. There will still be many corrections before it can come back as high as it was last year. Right now people are still confused if the price is manipulated or just a result of FUD.