There's an interesting bit of news: a certain address has made about $25.36 million over the past 30 days and reduced its BTC short position by about $11.94 million.
How much of an impact that has depends on how you look at it. I'll hold off on drawing conclusions for now.
On the face of it, it doesn't look great, but sometimes bad news has already been priced in.
$BTC I also took a quick look at the price trend. No harm in taking a breather. Am I looking at this the wrong way? What do you all think?

#BTC

I'm just sharing my thoughts; this isn't investment advice.