Right now, the ones feeling the most frustrated are probably those who, after doing tons of macro analysis and data research, accurately predicted that the clear legislation wouldn’t pass, and that both the US and Japan would raise interest rates consecutively. So, they sold everything early, waiting for a massive dip to buy back in . As for why, after so much concentrated bad news dropped, instead of crashing, the market actually went up—normally, I’d give you a long-winded, detailed explanation. But today, I’m not even going to pretend to know, because honestly, I’m just as confused . At times like this, I’d bet 90% of the people jumping out to confidently explain why the market didn’t crash but rallied are just making up reasons after the fact. As for me, the $BTC I’ve been accumulating over the past six months will strictly follow Bitfinex’s long position movements. Right now, it’s still sitting at an all-time high of 90,000 BTC, completely untouched. Once these longs start flooding the market, the real one-sided $BTC bull run will officially begin. Based on historical data, the sell-off zone only starts when the holdings drop to 60,000 BTC. We’re still far from that point.