The departure of the founder of a major project doesn’t always move the price... but it does test market confidence. 🕊️
$ONDO
The passing of Nathan Altman, founder of Ondo Finance, isn't just a touching human story; it’s a sensitive event in the RWA sector, one of the most liquidity-attractive areas in crypto over the past few years.
The question isn't: Is the news painful?
But rather: Will the market treat it as a continuity risk or as an event that’s quickly absorbed?
The direct management transition with the appointment of Ian De Bode might ease the shock, but a savvy trader doesn’t chase emotions. They monitor trading volume, rebound strength, and whether the drop was just a quick reaction or the start of deeper pressure.
If the price moved before the news broke, the market might have already priced in some of the shock. Conversely, if strong selling liquidity appears after the news, then this area turns into a real test of trust.
For me, ONDO now needs watching, not rushing:
Is there accumulation after the shock?
Or will any rebound just be a liquidity trap? 👀
Do you think the market has actually priced in the news, or has its real impact yet to show?
#ONDO #RWA
$ONDO
The passing of Nathan Altman, founder of Ondo Finance, isn't just a touching human story; it’s a sensitive event in the RWA sector, one of the most liquidity-attractive areas in crypto over the past few years.
The question isn't: Is the news painful?
But rather: Will the market treat it as a continuity risk or as an event that’s quickly absorbed?
The direct management transition with the appointment of Ian De Bode might ease the shock, but a savvy trader doesn’t chase emotions. They monitor trading volume, rebound strength, and whether the drop was just a quick reaction or the start of deeper pressure.
If the price moved before the news broke, the market might have already priced in some of the shock. Conversely, if strong selling liquidity appears after the news, then this area turns into a real test of trust.
For me, ONDO now needs watching, not rushing:
Is there accumulation after the shock?
Or will any rebound just be a liquidity trap? 👀
Do you think the market has actually priced in the news, or has its real impact yet to show?
#ONDO #RWA