These recent price drops are noticeably strange, completely different from before. The declines are extremely rapid, and the short sellers are unusually strong. Traditional institutions seem to have abandoned BTC; it's completely ignored. When it was over 110,000, a bunch of listed companies shill for BTC purchases, but after 1011, they suddenly stopped. How could they all be so synchronized? Either they were colluding, or there's an abnormal liquidity situation, and the financial environment has changed—at least they've sensed it.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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