Nice insight. But tbh I wouldnt worry much about a 5% fluctuation, this is crypto in the end and that is normal to me. Today I saw ETH go from 365 to 305 in minutes (16% movement) to later on recover to around 350.
So... yeah you might be right, but I would wait some time before making early assumptions.
Steem on!
Agreed. Until there is more analysis we can't determine if the hard fork is the reason for the price decrease. I personally don't think it is. 5% changes in price happen every single day.
If anyone was trying to use their influence, and control over the market doing so after a HF sounds like a perfect time to do so. Sell off let some people panic and then buy back in.
With that said the information about HF come out early enough I expect the market to already take the news into account when trading. Most people that I follow all seemed to have similar thoughts last night before today and that was just hold and see.