Why Ethereum dropped 15% in only 1 hour

[Darktongue]

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.

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[kindbtc]

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.

[JNR]

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

[StephenJH]

Just get ready for a flash crash in the ETH chart and bloody markets will clear all weak hands
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.

[tippytoes]

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.

[cryptonx]

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

[hahay]

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.

[CuriousGeorge]

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.

[bussybuddy]

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.

[rodskee]

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.

[viananda2525]

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.

[asriloni]

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.

[southerngentuk]

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

[Dragonfund]

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.

[minhkhoa]

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.

[Periodik]

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.

Investors are not selling to cut loss. Why would they sell to cut loss when the price was already approaching a new ATH? Investors are selling because they have already made a profit. That's the reason why.

And this correction right now is not just unique to Bitcoin or to Ethereum. Other coins which were also among the ones which gained much in the recent rally are also in serious dip right now. But it seems the selling hours are already done and the buying hours are already beginning.

[Renampun]

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.

true, the market correction has been predicted since the Bitcoin bull a few days ago...
The "Bitcoin effect" is still impacting many Altcoins including ETH, the 15% price drop you see right now is just a temporary market correction. soon we will go to the new ATH Bitcoin, possibly in late December or Q1 2021.

[atjiat]

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.

true, the market correction has been predicted since the Bitcoin bull a few days ago...
The "Bitcoin effect" is still impacting many Altcoins including ETH, the 15% price drop you see right now is just a temporary market correction. soon we will go to the new ATH Bitcoin, possibly in late December or Q1 2021.

I believe that few people were able to resist the desire to make a good profit from the sale of bitcoin when the price reached $ 19,200 over the past three years. Especially if people have been investing in Bitcoin in the summer for 9,000 or so. That is why a small collection was quite predictable.

[udidrone]

a decline occurs due to a falling market condition bear season is back not only on ethereum but for all coins And now the ethereum state is holding up and able to go up around 1% today Of course all we can do is hold until ethereum price rises at least back to the price before

[Fesatmas]

true, the market correction has been predicted since the Bitcoin bull a few days ago...
The "Bitcoin effect" is still impacting many Altcoins including ETH, the 15% price drop you see right now is just a temporary market correction. soon we will go to the new ATH Bitcoin, possibly in late December or Q1 2021.

Indeed, yesterday's correction was quite reasonable and predictable, but it has created a little panic in the market. but I'm confused, aren't they already making a big profit, unless they hold it, so they don't have time to sell. that's why the panic happened.

this is only the beginning, and I also believe the new ATH doesn't end here. there are still big hopes waiting in the next year.