and in that picture I reckon we're in wave 4 of 5 ... trying to catch the top on that: not expecting this to top out til settlements fuckery is over tomoz, so accumulating shorts as we go. Not really expecting for this to rise much further than 270 though: I capitulate on this count if it does.
The large %ge of L33Tshorts on ok okcFuts is just way too ominous for me to stay too short: Gunna start closing my short term shorts and reduce my qtrly short for a better shorting opportunity around 280-300s hopefully: pigs get slaughtered hehe
Still think the downtrend is back in play though, major capitulation required before hopefully we have moon shuttle conditions :(
Hard to be sure of direction this close to the first ever real trade on GBTC tho I think it will initially put only downward pressure on BTC prices.