I’m not sure if any of this Direct removal has anything to do with CP11 (I’d be willing to bet not, since we’re barely a month out from Kazuya), but it definitely is a bizarre situation.
I was considering the possibility of an AT being removed for an upgrade because the AT could be removed and Nintendo wants to avoid having outdated or incorrect information, but I considered it kind of a stretch.
That said if that DID happen, I would honestly expect it to be Shovel Knight, since Capcom doesn’t want to represent Monster Hunter with something like a Hunter, and Shovel Knight has everything he’d need for a playable appearance (music, Spirits, stage, potential for a moveset).
Like I said though, I think that idea’s a pretty big stretch.