Just watched the daily candle get completely flipped on the back of that burn announcement—they're torching roughly 10% of the circulating supply. Honestly, it's a pretty revealing moment for what's happening in the broader market right now. Token burns usually spark some buying interest, but this time? The bounce didn't stick. That kind of rejection tells you something about the current sentiment. Even positive catalysts like supply reduction aren't enough to push price conviction here. When a 10% burn can't hold momentum, you're getting a pretty clear signal of just how heavy the selling pressure is across the space at the moment.