Pretty simple really: Economic actors do what they want to do, the market responds, the economic actors adjust their behavior accordingly.
For example, a whale dumps, price goes down, whale stops dumping due to diminishing returns, buyers buy more due to market opportunity, etc... Market self-adjustment takes cares of short-term anomalies.
OK, fair enough; a kind of organic movement; I can dig that. I guess the whale stopping due to diminishing returns is what it relies on, so I'll drink to that! :-)
Pretty simple really: Economic actors do what they want to do, the market responds, the economic actors adjust their behavior accordingly.
For example, a whale dumps, price goes down, whale stops dumping due to diminishing returns, buyers buy more due to market opportunity, etc... Market self-adjustment takes cares of short-term anomalies.
OK, fair enough; a kind of organic movement; I can dig that. I guess the whale stopping due to diminishing returns is what it relies on, so I'll drink to that! :-)
Cg