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And overall opportunity cost need to be factored into the system
FWIW I de-risked my longs from Monday into this pop not because I am inherently bearish or skeptical
But there is a time factor to be accounted for commitment to tape for me
I got a 6000+ pt move in very quick succession
Now can see orderbook dynamics have flipped again which means likely more grindy style pa till the next move
Ultimately think we see 98s but we just had an exhaustive move from top to bottom and back again so if you haven't taken profits, might behoove u to do so
#BTC