Double bottom possible reversalToday would be a great day for crypto, because the election panic and dumping has ended, sadly we have arrived at another episode of Wojak and the ''Huobi Global FUD'' is loaded. China is being accused of apprehending a HBG executive and HBG is being accused of shutting down withdrawals, as a result hbg token collapsed. In my opinion this information is false, because HBG denies it and I can still withdraw.
There has been a massive anti China campaign coming from the western media enlarging every negativity coming from china and making all the positive things look smaller. For example the western media marks China as a big polluter, but never mentions they are planting giant forests in the deserts. I don't just believe news, especially not the western media, in my opinion they are all bought and paid for and are just being used for manipulation.
On top of that Huobi Global is situated in Singapore and not in China, suggesting that these countries are the same is really ignorant and racist.
I stay long on the alts although there seems to be some kind of media offensive against the alts, perhaps a media induced shake out before the real pumps begin.