Hello Dear Crypto Academy friends, wherever you are and how are you tonight? I hope you all are well.

Tonight I am participating in the S1W4 – Reviewing the Instability of the Crypto Market contest, which is currently being hit by the overall decline in digital currency prices, so don't panic and stay firm.

well I will immediately discuss and answer the questions asked by the Crypto Academy community.

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• Most of the cryptocurrency market is currently experiencing a sharp decline, especially in recent days. What do you think of this drop? State its causes and how long do you think it will continue in this downtrend?

The cause of the decline in cryptocurrency prices was because the financial market experienced a very extreme stock sell-off. So the latest price drop left BTC at its lowest and lowest price this year.

Basically there are several things that cause the price of a crypto to drop very sharply. The rise and fall of crypto prices is caused by five things

First, the price of crypto depends on the balance of supply and demand. This is a law of the market, when crypto is getting more popular and in demand, the price will go up, and vice versa.

Second, news or media coverage can affect crypto prices. For example, when there is news about hacker attacks in the crypto world or bad things about crypto, the price may drop. While the good news about increasing adoption and the infrastructure behind crypto technology could make the price go up.

Third, the volatility of crypto prices is largely based on hype which often keeps interest high. A sharp drop in price can be influenced by a post on social media and a word from an influential or famous person in the crypto world.

Fourth, the amount or quantity also affects the price of a cryptocurrency. The volume of crypto assets such as Bitcoin and ethereum is still very small and the distribution is uneven so that the price value will be greatly influenced by the actions of the holders of these crypto assets in making sales or purchases.

Fifth, fear and greed (Fear and Greed) and psychological factors of crypto investors also often affect crypto prices. However, recently, crypto has a correlation with several stock exchanges in the United States, the price of which is affected by economic conditions.

It can be predicted that this downward trend will continue. Up to the next two months, it could be that in the next two months, crypto prices will rise steadily again.

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• Why doesn't this drop in the price of a few coins decrease their trading volume (eg: Bitcoin)? How will they deal with this market instability?

Bitcoin could be the most undervalued crypto to buy today. This is because BTC is the largest crypto asset by market cap. In terms of price and valuation, Bitcoin has been in a period of consolidation for the first few months of 2022 – hovering between price levels of around $27,000 – $34,000.

The stable coin volume is worth US$70.38 billion, which is 87.52% of the total 24-hour crypto market volume. Overall Bitcoin price has fallen by 7.12% in the last 7 days. there will be a long way to go before the cryptocurrency market recovers from the current crash.

Even though we already know that BTC is in a period of price decline but its Volume has no effect as it shows that retail investors continue to remain optimistic about this one digital asset.

In addition to Bitcoin price prediction, BTC is expected to reach above US$ 74,000 by the end of 2022.

So, it is certain that the BTC Volume has no effect and remains on the stand. if you want to buy and hold crypto for the long term, you might consider investing in Bitcoin.

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• What is the relationship between the current instability and the downfall of the Terra ecosystem and its Luna currency? Do you think its price will bounce back? If so, tell us how and when?

Terra ecosystem and Luna currency were destroyed a few days ago, therefore it immediately attracted the attention of the world public. This crypto price is known as one of the best coins in the top ten crypto coins ranking.

Terra ecosystem and Luna currency may break when Anchor starts accepting Solana Tokens. Anchor Protocol, the DeFi ecosystem built on Terra Luna announced the acceptance of Solana wrapped tokens in its ecosystem.

The Anchor Protocol is currently one of the highest paying yield farming ecosystems provided by Terra Luna. This could be bullish for the LUNA token in the long run as more Solana holders will join the Terra network.

One could predict Luna's fall as its relationship with UST which separated from the dollar earlier this week to collapse below one penny. The price of LUNA also lost its value by 99% falling from $62 on May 9 to less than a penny on May 14.

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• Our Steem ecosystem, like most currencies, has been affected by this market downturn, has this caused you as a user some stress? Or are you still confident in this project? Give your opinion, specifying the arguments that support your review

Bitcoin price movements have continued to fluctuate for some time, even the volatility can be said to be very significant. So most currencies, have been affected by this market downturn.

The problem of falling prices for steem and Sbd is very influential for all steemit users so that their enthusiasm to continue working has decreased drastically, unlike me. As a user of the Steem Ecosystem, I personally feel stressed about being affected by the decline in Steem and Sbd prices. Even though the prices of sbd and steem continue to decline, it is not an obstacle for me to continue to struggle in my work, and I will remain determined in interacting with fellow steemit users around the world. world. Because I am very sure that one day the price of Steem and Sbd will definitely return to the original price.

that's some i can give to you I hope it will benefit you and keep your spirits up and participate in the contests organized by each community. that's all from me see you and meet again in the next post. Bye.Bye👋👋👋