Q: One address has total profits of about $149 million and has reduced its BTC short position by about $51.31 million. What’s your take?
A: After bearish news breaks, whether selling pressure continues to exit matters more than the headline. News is news, and market structure is market structure: until the direction changes, don’t let a single piece of news sway you.
$BTC currently at 77526 (24h -3.34%).

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