Its already bullish long term. This is connected with Jihu's plan to decrease SLP supply by increasing SLP requirement for breeding and limiting minting rate. Has similarities with 
HIVE bottom.
HIVE bottom.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.