WHY THE SUDDEN DUMP WITHOUT ANY MAJOR NEWS?

[auntyjmary]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

[gantez]

I'm not sure if there was any major news. But except for the recent Craig claims of being satoshi in the media. I don't understand if it could be a cause. Perhaps it could be creating panic 

Sometimes too, there might not be any news to cause a fall or rise in price.

[akram143]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

I also don't know why the sudden changes will happen to the market very quick time and this dump will not be accepted by anyone so experienced people please tell about why this was happened to the field of cryptocurrency for most of the people don't know about this dump

[HODL2090]

The sudden pump did not happen. As a result of any major news so the fall does not have to result from one.
There are many factors aside media reports that affects the price and can cause a rise or fall in the market.

Most bullish and bearish runs comes with a major news but this case was different.

This was not a bullish run. Simply changes (rise and fall) in the chart.

[ChrisPop]

I think we are well past the times when news moved the price like crazy. IMO institutional investors are the ones moving the market these days. There are not many retail traders remained in the market. If you are not an experimented trader you will have a hard time trading on this market environment so be extra careful and try to preserve your capital first!

[Razerglass]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

Long story short: Lack of interest. Institutional investors are looking for liquidity which doesn't satisfy them currently. Major news affects prices but this doesn't mean only news can cause wave on graphics. No need to for drama. We can ride these waves without emotional connections. Traders already left the party and who cries are the ones who late to the party.

[mrdeposit]

Is not the price move possible without reason? If we look for reasons behind every move in this volatility, we can not find time to trade. Reason will be come out soon (even if it is not the reason), but what will change?

[MakeMoneyBtc]

Because the market is controlled by someone and they don't need any news in order to move the price up or down. This was probably their plan, to move the price over 4000$ then drop it below with 500$ instantly. I don't know why this happens but I'm sure they have a plan for this.

[hipSter]

In the market we have a straight down trend. There is no reason to think that resent rising should continue. It was just a liquidity accumulation.

[pixie85]

It's normal. There are still people who hold very large amounts of coins and can dump instantly crashing the price. As long as a lot of supply is in the hands of very few people it will be impossible to avoid these dumps. Good news is that this is the extent of what they can do. Like on Bitstamp they dumped 500 Bitcoins in 1 minute and that was it. They got rid of all they had and earned some fiat and that's how it ended. If people don't want to play their game they don't follow and sell after the dumpers and the dumpers are forced to buy back.

[Furious 7]

I am not sure about this increase is good news. the market may change at any time and phomo is a dangerous part of trading. utilizing the best moment and running is a strategy that must be considered.

[Clark05]

Last few days ago the market increasing but loook it right now they started dumping again Im so sad of what happen we expect bull run happnes but it falls alarm it is trap only. But even it's not start the bull run we can still invest to the bitcoin because we have another opportunity now because the value again decreased. I don't see any news why does bitcoin dump again but I hope obce I see any news it will be good news.

[matthewio]

Same way the market pumped earlier in the day ,same way it dumped barely 12 hours later.It simply shows there were some greedy whales who choosed to manipulate the market for their selfish agins.

[perla]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

Maybe it is only bull trap, actually i'm not really know how bulltrap system because not really always look on market. But what i know if price pumped a little then dumped a lot maybe only bull trap.

[heavenknows]

I believe that the market is being manipulated. In this case, you should stay away from any trading as this couldnt be safe to your funds

[davis196]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

There's no need of big news.Just some whales sold big amounts of btc and the market is down.
At this point,no major bull run will get support,because there's no reason for a big mainstream btc hype.
We aren't expecting anything that can pump the price dramatically.No ETFs,no Bakkt,no big institutional investors...

[dark08]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It's obvious that someone with a big amount of bitcoin dumping the market this manipulating are realky sick no need for them to relly on any news to take action. Just take a look with this one

200,888 #ETH (28,136,914 USD) transferred from Unknown wallet to #Binance

Tx: https://t.co/AQIxiZRvtN
If this big whale who has a lot of ethereum in their wallet sell immediately  we can assure a dump for ethereum.

[Sanitough]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

It's obvious that someone with a big amount of bitcoin dumping the market this manipulating are realky sick no need for them to relly on any news to take action. Just take a look with this one

200,888 #ETH (28,136,914 USD) transferred from Unknown wallet to #Binance

Tx: https://t.co/AQIxiZRvtN
If this big whale who has a lot of ethereum in their wallet sell immediately  we can assure a dump for ethereum.

We just have to get used to this, market dump is normal, I always believe that it can be manipulated and whales will also do their thing.
The only way for us to benefit on this is to be cautious, don't get too excited, analyze the market properly so you can make timely actions, they are here
and will always be here as long as they can make money with crypto, but don't worry, this is not the end.

[Crypto Girl]

Over the past few days, there  was a  significant rise in most of the assets on the crypto market including  the altcoins. For instance the value of Ethereum  also rose alongside bitcoin. It has become rather strange to me that there has been a sudden fall also, I don't know if some major traders or whales are playing mind games with amateur traders. Most bullish and bearish runs comes with a major news but this case was different.

Maybe it is only bull trap, actually i'm not really know how bulltrap system because not really always look on market. But what i know if price pumped a little then dumped a lot maybe only bull trap.

It isn't a bull trap but just a simple pump and dump of the market and this is still norm. But if you're one of those people that bought during pump then you're messed up right now unless you just hold it for a moment and wait for the market to recover again.
With this sudden increase we should already anticipated the reverse effect of it, and it's happening right now.

[kenzawak]

We lost 15 Billions in 30 minutes so it's not news that did this. It's probably a few big wallets who decided to short.
Some say it's due to bots used by exchanges to do wash trading.