Yesterdays hearing of Genlser was positive for crypto. Garry got reckted and was shaking whole time, didn't know what to say (or didn't want to), Per. Warren calls for removing him from the Chair, McHenry lost patience when head of Sec couldn't answer the simple question if ETH is a security or not, and was mostly criticized.
I think this abrupt drop right now is happening to just to get rid of as many long positions as possible, before we go higher. Completely normal market manipulation in crypto. I am waiting to see how many long will get liquidated as well as how many shorts will, after we pump back.
P.s I don't know shit about fuck, just my honest opinion after I watched yesterdays hearing and today price action.
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