Anyone speculating on a bearish price?
One could argue it could turn in a sell the news event with the new upcoming updates. We saw huge liquidity, some bigger holdings definitely changed the hands, and they need the liquidity they get from news like the upcoming update, to be able to cash out larger amounts of XMR.
Any ideas?
Seems unlikely. I have argued before that this is not really a rumour-news event, because no one really knows the date of the new release. I would agree with you if there was a set date for the upcoming release.
One little remark, this is crypto, so you could be right.
EDIT: Also, we had that little spike last week one huge volume. It could very well be that those buyers dumped later because the "spike" lost momentum.