Market is looking healthier by the minute. The buy support has more than doubled since yesterday. I am only talking about the major market, Poloniex.
There's still a lot of Factom for in sell pressure: 440K (or roughly 5% of all in existence).
Shorts are being given out loans at nearly zero interest, if anyone here is doing this stop. Why bother loaning out this low when you will see nearly no return, allow shorts to slam lows at no cost, and devalue your position simultaneously?
It's very cheap to open shorts or borrow FCT for sell walls. That it is cheap to borrow is also a market sentiment that it is a bad deal to short.
We see a lot of sell pressure on FCT and we need bulls to slay them. At some point a lot of short sellers will be burned (you saw a 40% increase over one of the many things Factom is working on). Now imagine taking a short position here and yesterday Factom announces something. It's risky as hell to sit in a position like that.
People who have short positions borrow Factom to put them into sell walls. A strong buyer entering the market with 100-200 BTC will be enough to tip the scales. This coupled with positive news will be enough to put Factom at new levels. Factom price will not grow gradually as it trades on margin it will be similar to the other "blue chip" coins meaning that market sentiment is often exaggerated by 2.5x and it works both ways as Factom market is well aware.
Now does anybody know how much the foundation holds of it's own currency?
And can we get a simple wallet to use so that people can store their coins off exchanges more easily. I can contribute to a Factom bounty to whomever does this. Right now Poloniex is a systemic risk for Factom because of the amount traded and stored there and that is the wrong start and mindset for longevity.
If i were a billionaire i would give her all my money lol, brains and beauty like that is more rare than any crypto 
