$USUAL has washed away quite a few people these days. The market has been hovering between 1U and 1.1U, which is actually understandable. The major player has to absorb the released tokens every day, only able to make small upward adjustments before selling again. Otherwise, if they release everything directly and then crash the price, it would be even lower than it is now.
BTC is the same, dropping every day. MicroStrategy and BlackRock are also buying, but it hasn’t stopped the downward trend. They are probably more troubled than us retail investors, buying hundreds of millions, yet still facing precise daily declines. The overall market now feels like a bear market, quite painful to watch.
Just a few more days of endurance, hoping for a good start entering January 2025.
$USUAL
$BTC