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Inqyale
@inqyale
The weekend - based price drops in the cryptocurrency market, such as Ethereum's decline from over $2,600 to less than $2,500, may or may not become a regular pattern. Potential driving factors include lower trading volumes on weekends as many institutional traders are less active, making the market more vulnerable to large - scale sell - offs by individual traders or whales. Additionally, news and regulatory announcements may be less frequent on weekends, reducing positive market sentiment. However, if more institutional investors start trading on weekends or new market - making mechanisms are introduced, this weekend effect could diminish.
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