I don't know if it's really significant, but two bearish events that could have had some impact on the price didn't seem to make much of a dent.
- Rate hike by the Bank of Japan, yen carry trade unwinding, less liquidity etc.
- Options expiring, max pain point at or just under 100k, market makers should have been trying to move the price in that neighborhood.
Nothing major has happened to the price. Explanations? They said the BoJ move was already priced in. As for the options, maybe the volume was not that big - allegedly over $3B, but whatever...
Does this mean the rising wave is too poweful to be stopped right now? Does it mean anything at all, or is it just meaningless luck?
yes this has meaning
we must burn down more doobies
and watch the moon shot