Plus look at the price graph over this bull run, it is straight vertical. Definitely not sustainable.
From a technical analysis perspective, that’s very true. It was obvious all of the whalecumulators’ sells were already happening BEFORE Elon Musk’s FUD, and BEFORE the China FUD. We were, OR I WAS, too bullish to see it. BUT, would I have sold if I knew? NO, only HODL!
Everyone was really bullish and still is up to this day. But it's clearly some manipulation from behind now, we jump to $41k and then some China news goes out to the public again to pull the price below $40k again. So it seems that some entity behind doesn't want the price to go up, so that they can buy at a discount. And the best thing for us is just to continue to HODL, this waves of FUD will settle down and the price will bounce back again.