$PYPL 53 US dollars, -13.5% on a single day. Look at this candlestick chart—old bull veterans all understand.
When the reports from Block and Mastercard about “deep value” came out, PayPal was still being smashed around by whales like a punching bag. The most ironic part? Last year, when this lot was pushing the AI payments concept, they were the ones shouting “the fintech revolution.” Now they’ve turned around and say traditional payments are overvalued.
Crypto, on the other hand, is quite steady. Stablecoin trading volume has been rising nonstop, and what it’s competing for is the same slice of meat as traditional payments. The drop in this $PYPL wave isn’t its own fault—it's the entire TradFi payments track being repriced by capital. Look at the trading volume: only 2.6M. That suggests selling pressure isn’t that heavy; even buyers are a bit hesitant.
The US dollar index is unchanged, and US stocks hit new highs—yet PayPal is still drifting downward. Sometimes, even if the fundamentals are great, it still can’t beat capital voting with its feet. Wait for the next earnings season. From this position, the room for further deep downside may not be as terrifying as people imagine.
When the reports from Block and Mastercard about “deep value” came out, PayPal was still being smashed around by whales like a punching bag. The most ironic part? Last year, when this lot was pushing the AI payments concept, they were the ones shouting “the fintech revolution.” Now they’ve turned around and say traditional payments are overvalued.
Crypto, on the other hand, is quite steady. Stablecoin trading volume has been rising nonstop, and what it’s competing for is the same slice of meat as traditional payments. The drop in this $PYPL wave isn’t its own fault—it's the entire TradFi payments track being repriced by capital. Look at the trading volume: only 2.6M. That suggests selling pressure isn’t that heavy; even buyers are a bit hesitant.
The US dollar index is unchanged, and US stocks hit new highs—yet PayPal is still drifting downward. Sometimes, even if the fundamentals are great, it still can’t beat capital voting with its feet. Wait for the next earnings season. From this position, the room for further deep downside may not be as terrifying as people imagine.