Tom Lee reveals that Biscuits, Errem and Xps are still suffering

Coinpedia - Fintech &Amp; Cryptocurreny News Media


The total market cap looks set to drop further down to $3.23 trillion. The sentiment in the market is very negative, from the index of fear and greed at 18, and from the nearby 18 of fear, and the average coin shows that it still shows the levels of participation.

Even the leaders from $95,381 and Etherum at $3,154 are struggling to find strong momentum indicators, most of the top assets are not showing small daily movements and no clear signs of recovery.

Angels are struggling to see more weakness around the market. XRP is at $2.21, according to the BBC. It is at $933, and it is close to $139, but none of them are showing more movement than the previous ones and none of them are showing movement.

Other popular coins such as Thor, Dogecoin, Cardin, Deploying and Zcash have very small daily price changes and strong buying power.

itrust

Biramin Chairman Tom Lee Beam said that this recent weakness in the CREPTO market can be connected to one or more market makers who are causing heavy cash distributions in the balance sheets. The current price volatility seems to be a situation where the big players are trying to avoid liquidity and push Bitcoin down, he said.

According to him, this type of pressure usually occurs when large businesses are in crisis and can create sharp prices for establishing worse than them.

Lim also said that it is a short-term pain and sheep, the long-term growth plan will not change for ETEREUME and Guillotine adoptions through Wall Street. He warned that it is not a safe time because the risks of forced liquidation are high. Despite the negative feelings, he expects that calmness and recovery can return in six to eight weeks, after Thanksgiving some time may have passed.

Trust with the agreement

In the year From 2017 To ensure accuracy, transparency and reliability, each article is known in fact. Our review guidelines ensure unedited reviews when indicated by exchanges, platforms or tools. We strive to provide up-to-date information on everything Crypto and Countchant, from origins to industries.

Investment responsibility

All opinions and insights shared represent the market conditions of the author. Please do your own research before making any investment decisions. However, the author or publication is not responsible for your financial choices.

Sponsored and advertisements

Sponsored content and affiliate links may appear on our site. Ads are clearly marked, and our editorial content is completely independent from our advertising partners.

Pin It on Pinterest