Why XLM’s bearish bias remains despite Stellar’s recent positive updates

Stellar [XLM] token prices have slid another 3.11% in the past 24 hours, a continuation of the steady price decline since the end of September. Back then, XLM had reached $0.236, signaling a continuation of the uptrend at that time. A lot has happened since then. Assessing the XLM market sentiment On the bright side, the post-quantum Stellar era of security takes its first step with the Bell upgrade, scheduled for November. Stellar also became a default network in MetaMask's mobile app and browser extension. The Mercado Bitcoin security incident, coming so soon after the Binance heist, once again upset market sentiment. It was reported that the attacker held 6.7 million XLM. A healthy market correction has become the potential start of a bearish trend for Stellar.

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