“Clear Bill” didn’t pass, and the panic stampede people expected simply didn’t happen.
Not only did prices not drop—within four days, $2.0 billion in spot positions were quickly bought up by large holders, directly pulling the price back from 1.27 to above $1.45.
The CEO’s line, “The legal status has long been clearly established,” isn’t just stubborn talk. The market’s numbness to regulatory news shows that the risk the market fears most has already been fully digested.
Bad news couldn’t knock down any cheap liquidity—instead, it became cover for the main force to sweep the market and build positions. When bad news can’t even create a decent-looking deep dip, the risk of shorting is far greater than the potential upside.
#XRP
Not only did prices not drop—within four days, $2.0 billion in spot positions were quickly bought up by large holders, directly pulling the price back from 1.27 to above $1.45.
The CEO’s line, “The legal status has long been clearly established,” isn’t just stubborn talk. The market’s numbness to regulatory news shows that the risk the market fears most has already been fully digested.
Bad news couldn’t knock down any cheap liquidity—instead, it became cover for the main force to sweep the market and build positions. When bad news can’t even create a decent-looking deep dip, the risk of shorting is far greater than the potential upside.
#XRP