Of course this is good news, this will have a better effect and the market will continue to move positively, let's wait to see if the other big case, namely LUNA, will be able to recover again, if LUNA can recover then the market will easily recover even past the previous ATH happening in 2021.
I don't really understand that!!!! Do you think that the current condition of market is only for the Luna and FTX incident ?!
Dude the current situation is not caused by them The market moves at its own flow. The market runs with these two seasons, bearish and bull, and each crisis comes after a certain time. Now it is on his bearish season and the next halving is not so far I think those recovery of market will also depend on those.
true, those coins only become many reasons that causes bearish mainly because that time they have chain effect that makes many project collapse, luna and ftx is the same thing, their influence so huge that it made many project collapse, now it's all different those two have lost their influence, i could barely see them affecting the market somehow, luna now become shitcoin, don't even have that much role in determining the flow of the market.
right now, the only reason I guess that could affect the flow of the market is just the flow of institutional investors in which right now focused in layer 2 like optimism, arbitrum and so on, they've invested millions even billions of dollars.