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RE: ETHER (ETH) Update: A turn is in progress. Up or Down?
In my opinion, it's hard to judge pricing with a long US national holiday weekend in play. It's a perfect story for the bots to spark a selloff. It'll be better to assess the pricing when everyone is back to their battle stations on Tuesday.
I'm not sure if the bots are trading cryptos. Why? They can't front run it like the stocks.
TONS of bots trade cryptos. You can even pay to use bots that are for sale. It's too difficult to explain, but there's plenty of evidence of this if you dig around a bit.
But they can't front run like they did for stocks. This makes a big difference on the manipulation side.