Its working like magic.
I dont intend to post more updates on fractals since the 1st one was by mistake anyway(It was supposed to be for private ) but anyway i still did follow ups. XRP and for matter of fact the whole crypto market and Stock market are not at good space rn. The scam of tether and the macro factors are all warning signs for "Black swan event" or major correction. If i were to bet, id say that thing happens this year. The main catalyst for Black swan scenario can be literally anything from even cyberattacks to sudden devaluation of dollars or whatever.(cause doesnt matter. big players have already closed most of their positions. We got Soros entering the market(he profits from your miseries, just sayin hahaha)
Can we still get a pump in short term? Yes. Exit pumps happen a lot of time to trap retail investors. But mid term, my bias would be towards downside unless Markets show strength and confirm bullish trend. But I dont think it will happen given BTC has already shown sign of it entering Bear market( it started when we made first LH. Also the picycle top signal came.) To reverse this and get bullish momentum back, it has to make new ath which would indicate Bull run is not over yet. (and rn, BTC influences alts heavily. it decides where the alts will go for now. the only thing that can help XRP decouple from BTC is the SEC lawsuit. It gets settled, we will have a liftoff)
How long will the bear market be? I believe it wont be like previous cycles(~3- yrs). it will be a short one for utility tokens like XRP.
Anyway 99% of cryptos have no real use case so they will either vanish if and when regulations hit. or *can* be in a prolonged bear market or both. idc abt them TBH. What matters is Utility and Use case. Manipulation by whales like exchanges and whale groups and even insider trading has made this market unsustainable.(yes, a good trader can smell the moves from Big players while its happening and profit from it, but SEC will take measures to prevent this from happening) This will end and utility wont be suppressed.
I am a HODLER (and idm hodling since i have entered XRp and other tokens very early on and they are my long term plays) and dont have any short term positions As of today. Will be waiting for reversal or crash to enter positions and DCA for long term plays
I have given short term mid term and long term views so dont get confused.
TC