Can someone explain to me what is happening right now?
Here are a few reasons I can think of myself:
1. Someone thinks the price will fall further.
2. Someone needs cash / cashes out.
3. Someone wants the price to go down. Why?
4.
Here are a few reasons I can think of myself:
1. Someone thinks the price will fall further.
2. Someone needs cash / cashes out.
3. Someone wants the price to go down. Why?
4.

A big player is dumping 1K of coins in order to cause fear and despair to shaky hands and get more later

This always comes into play.
However, I was wondering if there comes a point in which the "big players" really are just testing the market to see where it is going? If they dump a bunch of coins and no one panics or reacts then they have tested the bottom and found that it is strong, then they see that they should buy? Just thinking here.