XRP investor sentiment sours ahead of Ripple-SEC verdict – Why?

What do you think about Ripple's XRP token? Are you bullish or bearish?Ripple's Weighted Sentiment has dropped, indicating that the broader market does not expect XRP to make a bullish move in the coming days. Despite this, traders preferred to open long XRP positions, showing their confidence in the token.The decline in sentiment could be linked to a notable event scheduled for the 6th of May. The U.S. SEC is expected to respond to Ripple's remedy-related opposing brief on that date. The outcome of Monday's hearing could affect XRP's price.XRP hit $0.52 over the weekend, but if the SEC stands its ground on the $10 billion request and the judge favors them, XRP's price might plummet. On the other hand, a rejection could help the token's value rise.Traders seem to be betting on a positive outcome, as XRP's Funding Rate was positive, suggesting that longs are paying shorts a fee to keep their positions open. However, if adoption stalls, demand for XRP might be slow, and the token might not experience a major upswing.Realistic or not, here's XRP's market cap in BTC terms. Ripple has not commented on their next line of action if the judge aligns with the SEC's argument. Nonetheless, the lawsuit which has lingered for years might soon come to an end.So, what do you think? Are you bullish or bearish on XRP?