I guess typical retail behaviour is to arrive late and be exit liquidity for the OGs!
Mostly OG's dont put selling pressure on that market but yup if your OG = Institutional investment, yup they are gonna be the exit liquidity for the institutional investors, There are still 4 months to go for a new peak, From the beginning of this cycle my expectation by the end of 2024 was around 80k minimum and a 100k max, seems like its gonna be perfect speculation haha until now I'm pretty confident on it.