Trading volume hasn’t increased noticeably, so even the most sensational news is still just talk.
Take this news, for example: A South Korean court has issued its first conviction in a crypto-fraud case involving unlicensed remittances, $BTC (24h -5.81%), with 2.152 billion in trading volume.
The bearish news being out of the way actually reduces uncertainty, but we’ll have to wait for price action to confirm.