HEX went down more than 60% from the high..

Question

HEX.COM

Da Vid

HEX went down more than 60% from the high..

and the res of the crypto market is making new ATH in betwen.. What is the rason??

#cryptocurrency #english #hex-crypto

0

01.11.2021

3 ответов

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Da Vid Автор вопроса

You said: "Reson is more sellers than buyers." Doesn't that mean, buyers are dominating BTC market and everything else in crypto, since it has doubled in price in last month.. And sellers is dominanting HEX market, since it has fall down 60% from its high..

0

01.11.2021

Nenad [I won't dm you]

Da Vid
You said: "Reson is more sellers than buyers." Do...

Look at the charts: HEX is up 15x YTD BTC is up 2x YTD BTC is close to its ATH, while HEX is 50% of its ATH. Liquidity of BTC is huge, liquidity of HEX is low. Demand for HEX is significantly use case driven, demand for BTC is mostly leverage trading driven...

0

01.11.2021

Nenad [I won't dm you] · Accepted Answer

Nenad [I won't dm you]

Reson is more sellers than buyers. Positive outcome is decorrelation.

0

01.11.2021

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HEX went down more than 60% from the high..

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