$BTC $ETH
Fund holdings are basically stable. Except for Grayscale's daily selling, other selling intentions are not strong. This is the underlying logic supporting this round of bull market. The fundamentals are not that bad.
The selling pressure from the German government and Mentougou has made the market breathless, and it will not be digested in a short time.
They should look for buyers for bulk transactions off-site instead of dumping in the secondary market.