Hello friends from the crypto world.
As i expected that Thursdays will be an expansion of price up and its happened while taking update at early morning which gives me a sign of that this matket correction price isn't over. Later update shows its start to decreasing the crypto coin price.
Whatever today's position of crypto market, this current day was more crucial to lead the up coming week. While it price up, it tend to be sold the coin where most of the coin are bought just two day previously, because nobody's trust right now that this market can keep going up.
Moreover it always lead two way initiatives while price down and up, the down price make porn to buy and up price will lead the sell. But even we deeply think about that the ratio of price value between in these coin which are made for trading isn't a equal value, though it will be found most of the coins are exchanged with stable coin like usdt or others. And here few financial exchange house are found that the transction are maiden directly two crypto coin without medium of chanel coin like usdc or usdt or payeer whatever this type of coin are use for own exchange house. Then, the two leading coin like btc, eth, ltc and other coins ate directly exchange with low valued coin which impact more. Such small coin won't gain up rapidly but big coins are going easily up. Thus leading this market rise and fall over again and again. Everyone is trying to buy and sell with a limited profit to recover their earlier loss, but they also decrease their own assets by the charging fees of transactions, one of the major reason may be it that now a days network transaction fee are too much high.
In my list i am little bit worried about the value of hbd as it now just over 90 cents and far from one dollar by 10%, in upcoming days these ten percent may be variable for other coin exchanges and that also lead to decrease the whole crypto market index which is mostly depended in hive-engine and other gaming tokens like splinterlands. Sps and dec are also in very low price, hope sps will be up after the airdrop periods end and market correction end up too.
Till then, stay happy, stay cool and keep safe with your assets.