I'm reviewing the whole thread and impression is that there is not too many daily stock traders on here, like myself. First thing when something like this happ

I'm reviewing the whole thread and impression is that there is not too many daily stock traders on here, like myself. First thing when something like this happens you look at volume. Volume. Volume. Volume! Clearly its not here! It is not even half of that from the rally up 10 days ago (looking at ETH now). After such rally this tells you 2 things: 1) not enough people believed in ETH at $800 so they didnt line up from 500-800 with "buy", 2) since volume is medicore, this is not a panic selloff, but rather regular selloff that didnt capture enough support on its way down BECAUSE of #1. In my PERSONAL opinion this is great opportunity to catch some ETH cheap. But how cheap at this point doesn't matter because all crypto has like what 60% volatility. This situation tells me ETH was immature to remain at $800 (long term, short term who knows that would be like looking into crystal ball but we been there before with bitcoin touching $1k and crushing badly before it was 15x that) but looking at last 30 years of trading, that doesn't mean you will buy it for $10 anytime soon. As always don't make any decision based on my personal opinion as this is not professional financial advice. EDIT: one more thing about #1. Since it was 150% in few days rally, I don't consider lack of strong buy between 500-800 as a sign ETH should be much cheaper. Its just that the whole rally up did not mature enough thru the time. I mean normal stock doesnt go up 150% in few days so different rules apply here :)