The current situation is expected to continue until the end of July 22nd, the price is still under the manipulation of grayscale and those who will continue to manipulate the price to make their clients earn more money.
Always like these are the best times to buy so if you are afraid stop following the price, either you buy or not follow the price, selling now will be the worst.
I agree with your point of view. Selling at this time is undoubtedly a very bad choice. It can be seen why the spot market has not been effectively supported because a large number of negative premium GBTC has diverted the funds that have entered the market. Fortunately, the biggest unlock of GBTC has been completed on the 18th and 20th. There are still a few not too big pens left in July. After that, there is almost no amount. After digesting the discounted goods, the appetite of institutions should turn to spot goods. In the long run, more and more institutions will enter the market. Bullish! do not move.