Back to collectionSideways Trading Leaves Sisyphus Rewriting His Plan
Work continued after the security incident, and so did the market discussion. XAI traded sideways around 0.8, while tokens earned through Launchpool continued to change hands. Sideways trading gave the argument room to breathe, but settled neither side's case.
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Work continued after the security incident, and so did the market discussion. Sisyphus had bought more near the highs and now faced a much lower price. He had to decide whether to keep watching every move or first make sense of his own plan for what he held.
XAI traded sideways around 0.8, while tokens earned through Launchpool continued to change hands. Some in the group treated each small rebound as proof that selling pressure was nearly spent; others thought more sellers remained. Sisyphus watched several rounds of quotes, then closed the page and wrote down why he had bought more. He found that some of his reasoning had been little more than hope for another rise.
Sideways trading gave the argument room to breathe, but settled neither side's case. Sisyphus decided to separate price movement from his original reasons and wait until he could state his conditions for selling before acting. Launchpool tokens were still changing hands, and it remained unclear how the market would absorb the sales.