Brighter days are ahead of us, this isn't out of the ordinary price action during summer time. Equities are still strong, this idiosyncratic spot selling is dominating all the flow but it will not continue forever.
Crypto traders have the memory of a goldfish. Once this selling subsidizes and ETF news starts getting some momentum, we'll see them all rush in at range highs once again.
The bull run ahead is anticipated and its for every trader what they are really looking forward to because for most of them this includes both investors, it means profits so they are not at any point expecting any less off the bull run .
The news for these traders stands for profits and they cannot afford to not utilize this opportunity to making the kind of profit they anticipate off the bull run, they know too well that they will have to make the best of the momentum and the high ranges with the sole aim and purpose to just make money off it.