THORChain: User returns 10 ETH, vault regains solvency
Both sides of the story:
Bullish case: The incident gives the market a narrative and could boost attention;
Bearish case: Sentiment takes a hit, and short-term buyers may be more cautious;
My take: Both bulls and bears have a case. Ultimately, it comes down to which side $ETH 's price and trading volume favor.
$ETH is currently at 2269.59, up 0.6% over 24h, with a 24h range of 2247.84 ~ 2283.19.
Both sides of the story:
Bullish case: The incident gives the market a narrative and could boost attention;
Bearish case: Sentiment takes a hit, and short-term buyers may be more cautious;
My take: Both bulls and bears have a case. Ultimately, it comes down to which side $ETH 's price and trading volume favor.
$ETH is currently at 2269.59, up 0.6% over 24h, with a 24h range of 2247.84 ~ 2283.19.