For people looking at Bitcoin Cash, things will undoubtedly look incredibly confusing as of right now. The current market momentum seems to make no sense whatsoever, but it is evident things may continue to change in the coming days. The looming hard fork is successfully dividing the community, and a lot of speculators are simply bailing until things calm down.
It is not entirely surprising to see the Bitcoin Cash price decline at this crucial stage. The ecosystem will undergo a hard fork next week which will, effectively, split the network into two separate camps. Craig Wright’s vision of Bitcoin Cash is suddenly getting a lot of economic support in pre-fork market trading, whereas the main ABC developers are quickly losing ground.