Roller coasters!!!

[rokok lokal]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

[Jackl87]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

The market really is quite volatile and unstable in the last couple of weeks and months. I doubt though that there are single whales responsible for this. I think that Bitcoin and Ethereum for example have become so big in the last few years that it is almost impossible for a whale or for a handful of whales to manipulate the price of this projects. What really brought the market down to todays level was the collapse of Terra Luna two months ago in my opinion because it was totally unexpected for most people that a top 10 project in terms of marketcap could collapse so fast and easily and since then the crypto space is full of fear and uncertainty.

[TheUltraElite]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

I am not sure if this makes sense, but whales are nothing in real but made up words by the trading community. Hence dont tag every movement to a "whale" but traders in general and in unison the market psychology.

While it is true that the market is showing movements I would not say "roller coaster" as the term for it. Prices seem to oscillate between the 19k to 20k USD marks. This is the sign of a impending bull trend or a bear trend to start as soon as the support or resistance level falls.

Not specific to a coin, but in general there is money to be made, but probably not at this point. This is rather a point to wait and watch.

[MAAManda]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

Bitcoin has MC around $385B while Ethereum has around $138B, the question is, are there whales who can control price with such a big MC? LOL. the recent prices drop in crypto market was caused by the crypto trend starting to weaken, then supported by negative news such as the collapse of $LUNA, problems with the Celsius platform and also information regarding the bankruptcy of Voyager (IMO). Maybe soon we'll see more price drop than today. It all depends on the trend as well as sentiment.

[Lagduf]

The whales from bitcoin and ethereums are affecting the market. They are holding big chunks of altcoins as well. The impact that already made by those whales are so big for the cryptocurrency market right now. The fact that once the whales are dumping together and market became very panic.

This is proving how big the influence of those whales to the market. I know that some people may feel bad with it but this is how crypto market works.

[Tony116]

Whales have no control over it during the bearish market. It's not the whale but the global economic has been pushing people to dump their tokens and exchange it to the cash or fiat money to keep their value from the volatility. You must also aware if there are some crypto companies that already collapse and even venture capital like 3ac was also going bankrupt as well. That proves that if the world is not yet fine for now. The roller coaster may still continue if another bad news will come very soon. prepare yourself.

3AC is also one of the elephants in the market but has also filed for and filed for bankruptcy. The market is certainly controlled by the whales, but only for a certain moment and then closes after that, they don't have enough power to manipulate all the time.

The cryptocurrency market today is already a part of the world economy, so it is impossible to stay out of the current crisis. Once the world has stabilized high-risk assets like bitcoin will still be a lot of roller coasters.

[Anonylz]

I am not sure if this makes sense, but whales are nothing in real but made up words by the trading community. Hence dont tag every movement to a "whale" but traders in general and in unison the market psychology.

While it is true that the market is showing movements I would not say "roller coaster" as the term for it. Prices seem to oscillate between the 19k to 20k USD marks. This is the sign of a impending bull trend or a bear trend to start as soon as the support or resistance level falls.

Not specific to a coin, but in general there is money to be made, but probably not at this point. This is rather a point to wait and watch.

What do you call someone who hold a large amount of  coins enough to influence the price negatively?
I don't think whale in crypto is a made up word, there are people who have the funds to buy enough of whatever coins they chose and their actions can directly influence the market.
Although you are right about not to tag every market movement to whales, it could any other reason. It could be as a result of the economic instability the whole world is currently facing. I don't think there is a known reason out there that causes the bear season.

[cryptoaddictchie]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

Probably yes but we can also noticed that some big players or institution are running out of funds and muat be due to some of their loans which run out of juice. Also there are some who take profits too and add more panic sellers who sold due to the recession that are happening and will be happening.

[nakamura12]

There is a possibility that there's a whale behind the price movement but I don't think a single whale can control the price movement if that's what you want to ask. Some whales bring panic to those who store their crypto for a chance to earn profit when the price increase then the whale will cause a commotion that will make other crypto holder do panic selling to avoid loses since the price is decreasing and whale will take that opportunity to buy more btc from those people who are panic selling.

[passwordnow]

The market is very volatile in this month like a roller coaster movement

Not only for this month but every month and every single day, the market's volatility never done and it's always there.

Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

Well, somehow there are the whales playing it and they say that they have control over it. But for me, they minimum do something for it to be controlled and it's the entire market that does its own nature of moving.

[Furious 7]

Even if they have money but if you see now they are not able to control this and indeed for now they are the same as what other traders are just waiting and seeing for a while.
In a Bearish situation like this at the level of the whales I still feel they will continue to be careful because this is indeed volatile and quite difficult to conquer and wait until the market gets better.

[isaac_clarke22]

Welcome to the market, OP. It is a rollercoaster ride and once you get used to it, you might not even bother mentioning it ever again since the market is naturally volatile anyways.
Just hold your Bitcoin and Ethereum if you are currently holding one, and for shitcoins, I am not really sure though.

[Wiwo]

We are not supposed to expect anything more than what we are seeing presently, the altcoin market is highly volatile more volatile than Bitcoin, and other assets in the market, and some have gone from 100 to zero which goes a long way to show how vulnerable the altcoin liquidity is. But then the real rollercoaster is the fact that if you monitor the market for over a long period you may be able to jump in at the right time because the altcoin market is fast as a wave it can give you 100x profits and at the same time crash like a pile of cake under fire.

[goaldigger]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

They are not controlling it, its the traders who moves the market and of course we are still on a bear market so we can expect more volatility here. Traders makes a lot of money from this roller coaster ride, its a good pump and dump and if you are able to ride of those trend, then you can be able to earn some money. Whales on the other hand are just doing their best to protect their money, and we can also expect that some of them are really playing with the market right now to earn some money as well.

[isaac_clarke22]

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To be honest looking at it, you could be right. I had seen a lot of altcoins that still somehow just went below their lowest even if Bitcoin was like in its highest. Kind of weird, but what would you expect anyway from shitcoins, lol.
I never expected these shitcoins anyway to even recover in the slightest bit.

[zonefloor]

A single big investor cannot control such a large market. Let's say that all the money belongs to him, so where is the profit he will earn. Therefore, the market can be controlled by the money flow of many people. But I don't think big investors play much of a role right now. Because the world is in a crisis in general, and investors are panicking and selling their cryptocurrencies, causing the market to fluctuate. In short, in my opinion, not only the crypto money market but all economic activities are in trouble because there is a financial crisis around the world right now.

[cryptomaniac_xxx]

The market is very volatile in this month like a roller coaster movement, Is the roller coaster movement in the money market both the price of bitcoin & ethereum whale controlling it?

We can only speculate that the whales are playing the market right now. However, they have to be very big to pull that off. So it could be the whales and then the speculators and day traders. The market though is very volatile that's one nature of crypto, as it is decentralized, anyone can do whatever they want.

So I suggest that you understand it and instead like 'complaining', then learn how to deal with it and take advantage of the situation.

[CuriousGeorge]

couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash.
currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured.
though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius

[Baofeng]

couldn't really call it a rollercoaster since the real rollercoaster of a cryptocurrency market has occured at around luna crash.
currently it's just floating around 19k - 20k and it's definitely normal, even at bullish things like this also occured.
though most of altcoins right now are indeed having high volatility that the movement of their value varies a lot like celcius

Still is, if you look at the last all time high and where we are right now. Few recoveries in Feb and March and then going down April-June.

As for the manipulation, whales have been in the market for so long that maybe they have control of it. Although one can argue that as the market gets bigger, the more difficult it will be for them influence. But what they do might really affect the price if you see big sell orders in an exchange or some social media highlighted that there is a huge movement like withdrawal. I believed that they are and will be some super whales that are going to do this to have the upper hand and make more money.

[WalkerIVIV]

The whales have very big influence to the market. They have bunch of money. I know that people may call that as roller coaster caused by the price has plunged so fast from the top to the bottom in a few months or around a half of a year. The whales are also making people with low amounts of money being scared as well. Think about that. The whales with thousands of bitcoin can make the market get disaster if the whales were dumping all of its bitcoin at once.