Market sentiments ?

[jashbir67]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

[Oshosondy]

Bitcoin is like rain and sun, the rain will come and and the sun will shine, there will be period of heavy rain and a period of sunny days, relate this to bear and bull time. Even the most successful asset as of this time which is gold can not escape price encouraging and discouraging time, it can not be going in one direction.

Just know that bull price will later surpass bear price and ATH will come.

[Poker Player]

My sentiment for this 2022 is starting to be quite bearish. I think the vast majority of us on the forum were quite bullish in 2021 and expected a much higher price. This was in line with predictions seen from analysts, who were giving a minimum of $100K for 2021, and in some cases a much higher price.

Now in 2022 there is a division of opinion between those who believe that the price top of this cycle was reached in 2021, and those who believe that we are in a somewhat delayed cycle and that the best is yet to come.

What I believe is that the Fed's plans are going to affect the price in the short term, and unless it changes its plans in 2022 and starts printing massively again, instead of reducing printing and raising rates, I don't see the price going above $70K this year.

I still think Bitcoin is the best asset to buy for the long term though, and that's why I continue to invest in it.

[usekevin]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Now the market became a unpredicted one.In case,you was engaged in the future trading in the binance.It's better to hold ,instead of doing it repeatedly to recover the loss.We should have the mindset to accepted the loss,instead of keep doing at the bear market.It will leads to the huge loss to your investemnts.Kindly wait till the uptrends.

[Beparanf]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

This is called a short/long squeeze. Standard manipulation for the crypto market and bitcoin in particular. First, sharply increase the price of the asset, collect stops and liquidations from traders, and then make a long overdue dump, again, collect stops and liquidations.

According to recent reports, liquidations amounted to $700,000,000. Not a bad catch for the exchanges.

There is an opinion that the fall was caused by option expiration. The derivatives market always brings trouble for a healthy spot market.

This is the most accurate scenario to explain the current sentiments of the market. Whales that playing short and long is heavily affecting the spot market since they have a high leverage to open a big order which result to a sudden plummet on the price after the short uptrend. Bears and Bulls are squeezing each other to the point that whoever got liquidated is the one who will lose the control on the trend. I believe we will see another squeeze for the shorts on the following hours since this kind of big price changes in short period of time is a very good opportunity for bulls to open position.

[aprilnot]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

I think this is market sentiment because the market has been in an overbought situation for a very long time. manipulation? I don't think so, it's just purely from the market's reaction to what happened a few weeks ago. for a long time the crypto market has not found a new passion to continue the rally, this is the underlying why the market is slowly down.

[Oasisman]

Market is gradually heading to a bearish season after in has been very bullish since 2021.
Maybe the 2022 price entry was really an indication on what we're going to expect this year.
Manipulation is always taken into consideration, because that's always gonna be one of the options when we're talking about price changes.

[cryptomaniac_xxx]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

We shouldn't blame the manipulators if something goes awry in the market. It is what is it, there are obviously more sellers right now that's why the price goes on another correction(?).

Regardless though, the market seems to be very bearish at this point. So expect the price to really goes down not just this month but brace yourself of a long year bearish trend.

[TheUltraElite]

Things started looking good, giving a bit relief!!

I ask you, relief from what? Is it relief from the anxiety that if the price drops you will lose money? If the answer is yes, then you need to stop trading - you heard right, trading is not for you if you cannot remain composed during market movements.

Remember that movements in the market allow us traders to make profits. If you invested knee-deep into crypto hoping for some quick flips then it is not for you.

But wait!!! Again sudden dip of  $5000 in a few hours??

Some people panic, while others know it is the next opportunity to buy at a lower price. It all depends on your perspective and those who do not have that will fail as a trader.

How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

The term "bad actors" makes no sense. In fact why do you even think of someone dumping their coins just to end up in a loss? It is a man-made delusion, that needs to stop.

But it is possible that someone dumped, now the question is not why or how they dumped. The question is at what point you should buy again in order to sell in a future bull market. Because if you dont, then when the price cycles back you will have nothing but wind in your hands to sell.

[Wexnident]

Well, it was always pointing downwards, even at the start of the year. As you said, it was just a "bit" of relief. I guess it was never really supposed to rally, short dips and pumps are a natural in the market imo. This one might even be intentional as others have said, a squeeze by the whales. Nothing new with that tbh, pretty sure most traders here have seen their fair trade of squeezes across the market. Pretty sure this would be the state of the market in the next few days, maybe weeks even, till, well, something changes.

[pooya87]

Again sudden dip of  $5000 in a few hours?

You shouldn't look at raw numbers, you should look at percentages. For example the recent drop which was about $3000 is just a 7% drop which isn't as big as you think it is.
The only thing that makes it significant was the fact that it broke the strong resistance at $40k.

How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

It is both. There has been a lot of manipulation lately but also the market sentiment is very negative and people have been shorting the hell out of bitcoin even when it is not going down!!

[goldkingcoiner]

Again sudden dip of  $5000 in a few hours?

You shouldn't look at raw numbers, you should look at percentages. For example the recent drop which was about $3000 is just a 7% drop which isn't as big as you think it is.
The only thing that makes it significant was the fact that it broke the strong resistance at $40k.

How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

It is both. There has been a lot of manipulation lately but also the market sentiment is very negative and people have been shorting the hell out of bitcoin even when it is not going down!!

I agree. Looking at the number will only cause you to panic, if anything. This is dangerous and should be avoided like the plague! A 5000 Dollar drop at 40k is pretty meaningless compared to a 5000 Dollar drop at 10k.

As I can tell, we are getting pushed down for two reasons. First, obviously the correction has been a long time coming. What comes up must go down. Secondly, at the same time as the correction (dip), we are seeing bad news and spooky rumors. Kazachstan miners internet getting shut off, Russian banks spreading FUD about regulations they wish they could implement in the future, and a multitude of "traders" spooking newbies with useless "predictions"..

Just hodl, friend. Buy more at the bottom.

[ultrloa]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Sometimes the market sentiments what makes the price of bitcoin dumps and if we cannot see any reliable thing which can help bitcoin to climb up the provably we will remain like this. Also there are contribution of bad actors towards since they can manipulate the minds of the people and think negatively on the current condition. But we shouldn't get panic we know how bitcoin works and I suggest for other to stop looking at cmc or their portfolio to avoid get stressed on this current dump.

[Scotland]

Russia is trying to ban it for the 10th time don't panic 2022 will be the year of bitcoin.

[Natalim]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Oh yeah, it is not the thing we wanted to, I just think that those uptrend motions are already a sign for bullish but unfortunately, it wasn't. We can't change it and to follow what we wanted, and seeing this sentiment found to be normal. What we gonna do for now is to hold and wait for the recovery, or have to buy more.

We can't still say this will only take a short while, might be possible and might not. Have to observe the market, it changes from time to time.

[franky1]

screenshot taken from binance whilst writing this post


When it only takes  0.32725btc to                         When it only takes  0.31331btc to
change the priceby $6(38772-38766)                   change the priceby $7 (38773-38780)


then you know the problem is not due to lots of orders or lots of buyers/sellers.  but instead its the LACK of traders, which means that a price can change, not by 1cent amounts but by $2-$3 in one order line fill

if there were thousands of users:
which would put orders 1cent above the next and so order fills would only move by 1cent
or
many people will put lots of coin on one priceline meaning it would appear  as 1-20btc not 0.02btc
but instead.. look at
SELL 3->4 one order fill can change the price by $3.39
BUY 2->3 one order fill can change the price by $4.35

..
one fault.
is that instead of 1 exchange(wall street) where the whole world of millions of people trades into, filling order lines with $billions where movements happen in microcents movements.
because there are many dozens of crypto exchanges. and even some crypto exchanges having many 'usd/tetherusd' markets. it dilutes the trader pool down to a few dozen-hundred users per exchange

[suzanne5223]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

First of all, if you're one of those that bother much about the market dip trend it may affect your mental health because the market is always volatile, to begin with.
Why the sudden dip of $5000? Technically, Bitcoin even poses a strong resistance to a downtrend because the market ought to start experiencing a dip in price every day ever since the first week of January and no chart or candle can indicate the reason behind it because we are in the season of a high market correction.

[Furious 7]

I don't want to speculate about manipulation or anything but this is what has happened and we can't blame anyone for this decline because this is indeed something like this because suddenly dropping drastically like now it is always there because of their fluctuations and volatility which can't be predicted where they will continue whether to increase or decrease.
on the other hand regardless of bearish or whatever many people say I still believe when the bullrun arrives everything will be back to normal and don't worry too much about things like this

[laredo7mm]

Things started looking good, giving a bit relief!!
But wait!!! Again sudden dip of  $5000 in a few hours?? How can we explain it: Are bad actors manipulating it or it just the market sentiments towards downward making such huge pricefall?

Market sentiment has been in extreme fear for the last 1 month.  Yesterday's bitcoin market crashed due to some recent events.  Russia's central bank has recommended banning the entire cryptocurrency because it fears a Western blockade would allow resources to be smuggled from Russia to the West, and cryptocurrency is the easiest way to do this.  Also many think that USA central bank will raise interest rates before March.  As a result, many are saving dollars by selling their bitcoins. Also ahead of the Chinese New Year and historically it has been seen that the market is down before the Chinese New Year.

According to Coinmarketcap, $ 148 billion has flown out of the market in the last 24 hours.  It cannot be called market manipulation but I think the bad news has adversely affected the market.  However, the bitcoin market still recovering so fast, despite the lack of traders. But i assume that there may be cash inflow in the market towards March or April this year.

[erep]

[snip]
because of their fluctuations and volatility which can't be predicted where they will continue whether to increase or decrease.

Fluctuations and volatility are the main factors in the cryptocurreny market so don't blame any individual or group for being able to move the market flow against the actual market conditions. There is something different about the current bearish conditions there is a daily decline above 5% so panic will push the market to blow below $35k.