I used to want to jump in as soon as I saw this kind of news. Now I’ve learned to take a moment to observe first.
Today I saw another report: the application period for licenses for virtual asset service providers in Brazil has ended, with only about 40 companies submitting applications. It’s somewhat negative news, but it’s not unusual for things to recover after bad news has taken its toll.
$BTC —I'll keep it on my watchlist for now.

When markets are highly volatile, risk management comes first.