The news about #Grayscale or #FTX selling GBTC, in my opinion, only legitimizes that $BTC needs a long adjustment after pumping from 15,000 to 49,000. Perhaps the MarketMaker is waiting for enough panic sell news to reduce 70% like Covid 2020, but it didn't happen, so I tend to sideway reduce 30-40% this time so that the market is more stable for the long-term Bull cycle ☘