A lot of capital was waiting for September/October to start deploying, based on the 4 year cycle timing. But with those buyers frontran, it will be interesting to see where and if they decide to deploy. Are they going to stomach the almost +40% run up from the lows and allocate regardless of price? Simply based on time? Or are they going to wait? History tells that at some point capital deploys anyways, fomo is a strong feeling. I suspect bitcoin:native above $83K would accelerate that. At least all this capital makes for a big amount of dry powder waiting eagerly to deploy at every minor dip we see in bitcoin:native.(Daan Crypto Trades)