Look there may have been fraudulent activity as per the post on X.
In regards to a BTC spot ETF
Who knows?
Maybe? Maybe Not?
I digress.
I do enough Law in my day-to-day life alongside Quant so may I rest, while the rest of the gentlefolk complain it was a hoax and bought the top.
Currently, I am long on BTC (Spot) but with that being said we may be in a rather ranging few days to weeks.
I have made my rounds in the futures and caught this exquisite fud pump.
Subsequently, you may think it was what is shown on that chart that made me decide to place a perp position. No. 2 Indicators isn't enough. A bunch of technical indicators isn't enough. Learn Math.
Anyhow, Dispersion in the stock market between cyclical and defensive assets does not elicit a violent reversal in risk assets in the near future.
Furthermore, Net Liquidity remains down. I shall refrain from talking geopolitical events since I would be typing all night.
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May I further by saying:
1. Don't Long BTC now. You perp, pump chasing warriors. 2. The market doesn't want to give you anything.