Degen

The @FTX_Official saga has certainly kept the crypto world on edge, and now that a $1.2B refund has been issued with another $16B potentially coming, it's fueling speculation on the future direction of the market. Fresh liquidity, especially on this scale, could bring in some positive momentum—possibly leading to green candles as market participants anticipate more stability and confidence returning.

However, there’s always the risk that the incoming funds could flood the market too quickly, leading to a sell-off as investors look to cash out or offload tokens that were tied up during the FTX drama. The combination of uncertainty, potential market manipulation, and how these funds are distributed could either rally prices or drag them down, depending on market sentiment and broader conditions.

What's your take? Are you leaning towards a bullish or bearish outlook?