XRP Surge or Fakeout? Is It Time to Short?

Is it the right time to short XRP? After Ripple's CEO, Brad Garlinghouse, announced that the U.S. Securities and Exchange Commission (SEC) was dropping its lawsuit against the company, XRP's price surged from $2.3 to $2.6 but soon dropped back below $2.5. This raises the question of whether this is yet another case of the "buy the rumor, sell the news" strategy. Additionally, analyst Ali Martinez points out that social activity around XRP has increased significantly, which could indicate excessive market enthusiasm and a potential price reversal. What do you think?