Small analysis of how it is $ONDO
The optimistic scenario (Why would it go up?)
Institutions to the rescue: ONDO is the favorite asset of the funds operating on Wall Street (like BlackRock). After today’s holiday, institutional traders usually start buying the price "gaps." Seeing ONDO at $0.34 after a massive unlock is, for them, a textbook buying opportunity.
Proximity of the Summit: There are only 14 days left until the Ondo Summit (February 3) in New York. Details about the agenda or the Wall Street speakers could start leaking tomorrow, which usually injects buying volume due to expectation.
The risk scenario (The handbrake)
The shadow of tariffs: If tomorrow the New York stock market (S&P 500) opens in the red due to fears of a trade war with Europe, money "flies" towards the dollar and gold, moving away from risk assets like cryptocurrencies.
Digesting the unlock: There are still millions of tokens that were released yesterday. If the beneficiaries of those tokens decide that $0.34 is a good price to exit, the selling pressure could halt any attempt to rise.
