Has anyone else noticed something?🤔



This year, exchanges have been successively moving into traditional finance, but every time an exchange lists an asset, it pumps for a bit and then drops.📉

For example, after an exchange listed TradFi this year, gold $XAUt surged to $5,600 per ounce. Everyone was excited about breaking $6,000, but now it's dropped to $4,000.
Silver fared even worse—it shot up to 120 after listing, then fell to 60, exactly half.

Now major exchanges are listing U.S. stocks. Whoops—the U.S. stock market rallied for a bit and then took a big dive again.😂

Looking at these two instances of listing traditional finance, I've noticed that every time they list, it marks a local top.🤔 Is this a habitual move to make crypto investors hold the bags at the highs?
XAUT-0.20%
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