Prediction evidence

Quiet one this week but worth flagging. @digitalasset (the team behind Canton Network) just expanded their funding round with an additional $10M from Shinhan Financial Group and Standard Chartered's SC Ventures, bringing the round to $365M total. Two traditional institutions, a major Korean financial group and a global bank's venture arm, choosing to back the infra layer rather than just running a pilot on it. Now the chart, and I'll be straight with you: it does not agree with the news yet. $CC has been in a clean downtrend since the February highs, and price just broke below the 0.618 retracement, a level that's held as support multiple times this year. So here's the tension. Fundamentally, the institutional interest is compounding...Technically, the market hasn't priced any of that in, and momentum is still pointing down. Sometimes the fundamentals lead the price by months. Sometimes the chart is just right and the news is noise until proven otherwise. Not fighting this trend yet. But this is exactly the kind of setup I bookmark and revisit if price starts basing. @CantonNetwork I see you! Keeping you on my watchlist!