What is happening now with the market?

[Betwrong]

it begins to slowly stabilize, and I hope soon there will be growth, it will be smooth and without leaps.

Looking at today's market I think we are still far from stabilizing. Most altcoins have lost 5%-10% in 24 hrs. We all know that the price will almost surely bounce back in the next 2-3 days, but that's not what you can call a stable market. It's interesting that some coins, like Bytecoin and Siacoin, are rising while most of others are falling. And I'm wondering are there valid reasons for that? I mean those are not sh*tcoins with $10k-$20k daily trading volume. Siacoin's volume is over $29 million. It's not that easy to manipulate with such coin's price. ... Or it is?

I remember last year when the coffees considered Ripple, Sia and DigiDigiByte started to be pump, and then the entire market was pushed up an alarm, even coin garbage also increased. I'm quite skeptical that this signal can happen again

But for some reasons these things are happening to altcoins even today. Now Bytecoin and Siacoin have lost 3% and 8% respectively, but others, like Zcash and Steem have gained almost the same percentage. And this is happening when almost all the other coins are in red. So far I can't say if this a coincidence (most likely it is), but I will keep my eye on such coincidences in the future.

Still can't understand what makes coins like Steem to rise that much in one day(8%) especially taking into account that they are expecting hardfork tomorrow.

[1715471979]

1715471979

[Kira_lapa]

I think that now the market is being manipulated. Manipulation of crypto-currencies is very diverse in its manifestations and this has a very negative effect on the status of cryptotrading in the eyes of many users and institutional investors.

[paveel90]

I think that's normal. After such large falls, only growth can be expected. I believe that in the crypto-currency world everything is thought out and such fluctuations will not happen just for no reason. It is very strange and useless

[organelles]

What is happening now with the market. of course, it is clear that the market is cyclical, and will move like a roller coaster up and down. But even judging by the charts, the market is behaving strangely. The reason?

The reason is that way too much money has left the market from people selling their coins, if you look at the coinmarketcap then you will see that a lot of money has been removed from the market so far and there is not enough demand for the coins to balance it out hence the price of the coins being low. It will only be a matter of time though and then the coins will be back on better prices.

[Doovla]

The reason mostly i think now is that few countires are allowing banks to get the green light to crypto and now it is time for "gathering". Market is really unstable and we did not used to it when we compare it to previous years. Bull - green market will appear in late Q4 i think. So it is best to wish for full pockets and getting ready for rockets. 

[Borisov]

I firmly believe in the imminent reversal of the trend and move up. I hope we will repeat the fate of 2017 (end). Around this time, bitcoin began to update its highs.

[TravelMug]

I firmly believe in the imminent reversal of the trend and move up. I hope we will repeat the fate of 2017 (end). Around this time, bitcoin began to update its highs.

I believed that a reversal will occurs, its just a matter of time. However, if you're saying that we're going to repeat our past performance this year then I doubt it.

What we can do is to accumulate as much as we can in this bear market, Bitcoin, Ethereum and all other worthy coins are still down so the opportunity is there. We only have to take the courage to buy and hodl it for a long time (1-2 years).

[Vaniaayu]

to assess the graph certainly does not have any effect, market conditions are not easy to predict, everything continues to happen due to speculation, that's what I believe now

[Harriti]

The market is currently experiencing steady growth. If we continue to follow the current momentum, the possibility of big year-end markets will recover, and possibly the BTC rate will increase to over $ 15,000, and ETH will reach the $ 1,000 mark. So if you want to make a profit, investing in ETH is a good idea to do right now.

[Dlux75]

What is happening now with the market. of course, it is clear that the market is cyclical, and will move like a roller coaster up and down. But even judging by the charts, the market is behaving strangely. The reason?

Now i can see market is going to the sideways. Because after that huge and long bear market surely market need some sideways. I believe btc will not decrease more than this and market is preparing for the next bull.

[kingvirtus09]

Market is on sideways there's something huge news in the next couple of days. Most of the alts in top 20 are down but relatively Nem and Vet are showing different from it's current rank. So probably this two coin will go on top5

[Sonaile]

Controversy and headlines and volatility get us more attention so it’s all good in the long run.

[CryptoCoinArbitrage]

Nothing strange with the market , these are normal market cycles. We face a bearish market condition from January
with a declining trend. It seems we are near to the bottom and we are stagnating there for quite a while.

[Thomas-s]

Now the market is under correction, this is done to ensure that as many people entered the cryptocurrency.

[wizardcrypto]

What is happening now with the market. of course, it is clear that the market is cyclical, and will move like a roller coaster up and down. But even judging by the charts, the market is behaving strangely. The reason?

I think the market is not stable and has no serious predictable direction, this phase of the cryptocurrency is a revolutionary phase and will move to the next level in the nearest future. There are a lots of reason that can be adduce to this,especially the EOS migration.

The cryptocurrency market is very much stable. Coins mooning does not make it stable. If you follow the trend of the chatting pattern you will know is very much stable . Lots of guys are still making Hugh profit why trading their. The market might not be stable for holders but not traders.

[maaldaz]

What is happening now with the market. of course, it is clear that the market is cyclical, and will move like a roller coaster up and down. But even judging by the charts, the market is behaving strangely. The reason?

Indeed the market is going up and down, but you are saying that the market movement is strange, what kind of strange occurrence did you means, perhaps you could point that strange thing?

[Anzal RK]

Market is on a red time, this is normal and this is the real cryptocurrency.
Sometimes market grow up and sometimes market go down, and we just need to wait a little more to get a good sell price.

[batang_bitcoin]

Misbehaving? you are expecting that the market won't go through dips and this is basically normal.

Red is red and that's it, while you can see this color see to it that you won't waste the moment of buying. There's no big money that comes in so that's why you are expecting for more growth. But don't worry about it, that will come anytime from now on and we're been in bear for awhile.

[birtoki]

I believe that now the market has stopped its decline and in the near future we should expect that it will begin to grow. and the reason for the fall I think the lack of demand for bitcoin and its fall in price

[DaWidyaa]

In my opinion, with the current market situation, I suggest not to panic and stay calm, everything will be fine, just a matter of time, in my opinion the thing that causes the market to decline due to panic, when someone knows the market is down, he will panic and start selling with low price.