Trading volume on maid is pretty low so if one person decides to sell it can affect the whole order book. A lot of alts are down but btc is pretty steady after the news of all the etf rejections by the sec. I actually am pretty pleased that they rejected all proposals at once and not like one a week where we have this negative tension every time. Markets are holding pretty well so far which could be a good sign but we have to see the coming days.

Maid/btc is still trading within the slightly ascending triangle after a large down period so technically we are still good making higher lows and this could be seen as a consolidation fase on a higher timeframe. Markets are overall down so even with the good news we had last weeks the people who have reached it and understand are still relatively small so I'm not surprised maid is affected by the negative market sentiment as well the last weeks.

Im looking forward to the dev update tonight last week they said they have had very long in-depth meetings on what exactly still has to happen before launch and how to get there. This was never discussed before and they probably wouldn't have done that if they weren't convinced themselves that it will be coming. Also curious if they started coding on milestone 2 with parsec integration in routing but we will know in a few hours.