You are viewing a single comment's thread from:

RE: Crypto MarketCap Over $181 Billions, Volume At All Time Highs

in #steemit5 years ago

Hey, @dragosroua.

This all does sound encouraging. Even if it is much smaller, we do want healthy and active, it seems to me.

It seems like historically STEEM has made some kind of move between April and July every year (while some other spike might happen in addition). Any way to know if this is a precursor to something like that?

Compression sounds like something that happens to a spring, where the energy remains until the latch is released and the spring decompresses. Is that what we're talking about here?

Sort:  

Any way to know if this is a precursor to something like that?

Not a very fool proof one, but it looks plausible to me.

Is that what we're talking about here?

Not necessarily. I think the market was pumped a year ago, and the compression removed the air, leaving only the solid matter, so to speak.

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.032
BTC 63161.84
ETH 3061.57
USDT 1.00
SBD 3.97