Bear markets are influenced by negative events, while the other way around for bull, both depending on significant 'base' event, paving way for further.
I believe this xrp ruling could be start of the next bull run, and we will be seeing positive events from now on. Halving is also coming which should propel up the market as well. What do you think?
Bear market are always dominated by bad news as it has been for several months. We have experience several bad news and I think it's time we start getting some good news in a build up to the halving of Bitcoin happening next year. After then we can continue getting good news which will be very good for the market as it'll make investors to have trust in the market again to invest.
The bear market had the SEC chasing after different token and exchange and Binance exchange was their most targeted which caused lots of panicking in the community. Maybe as Xrp has won their case, other projects won't be scared of the SEC anymore and exchange too can now operate knowing they can win their lawsuit as well so they won't be bothered. Xrp has already started pumping .
Investors are regaining trust in the project and buying so they can benefits from the gains in the future. I think anybody investing in xrp should be careful because whenever there's a sudden pump in price, a dump always follows and it can make many people broke if they invested too much in the project and was expecting the price to just keep going high as they have won their case.