with the fake bitfinex tether news it was an excuse for whales/traders to take profits. it depends now on how they want to treat this narrative. either drive the price down to lock in bagholders who have been buying the last month, or we continue on upwards. bitfinex snapped back to $5400 but its very odd that now coinbase has a $200 spread whereas over the past month the difference was maybe $30-$40