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$BTC I don't know what's going on either. After the US stock market opened, it went straight up from 69k to test the 71k level. It was strong for 5 hours before weakening. You say funds are buying to buy more shares of BlackRock, and you say if there are no funds, BlackRock won't buy, then it's all sell orders...
These days, swing trading has been very satisfying. I sold near 71k and took profits around 69.5k. Although the gains aren't huge, I can make a steady $1500 every day. Just opening one BTC position is enough to enjoy the gains, including last night's live stream where I told everyone that if CPI meets expectations, the market will first rally and then crash. Approaching 70k, you can open a short. My short position has been held all along, waiting for the 68k target. As long as it breaks below 69k, the market will drop quickly.