Here’s the thing: after checking out some sharp critiques on X and having a round of arguments with Grok, the nature of JaneStreet’s 10 AM dump strategy is less about malicious shorting and more about exploiting regulatory privileges, BTC liquidity structure, and the gray areas of market maker autonomy for arbitrage. When analyzing market trends, everyone should avoid retrospective causality—don’t just deduce one or two reasons based on what’s already happened, like blaming BTC’s crash entirely on Binance or JaneStreet. Let’s do a simple thought experiment: if Binance or JaneStreet were to collapse today, would BTC immediately bounce back into an uptrend? The answer is obviously no. Financial markets, including crypto, are complex and non-linear. No individual or entity is an omnipotent market maker controlling everything. In short, as mature speculators, we should rely more on Bayesian probability methods for analysis and less on linear causality approaches.