In danger of trying to be cute around these things but given there’s a lot of anxiety out there right now A lot of month end risk management will have been completed yesterday Interesting also the RRP didn’t really move yesterday suggesting month end balance sheet management largely done That was likely the worst of the “liquidity squeeze” We usually think the “liquidity hangover” lasts for a couple of days into a new month so choppy price action before we build momentum However given the levels we’re trading at in Bitcoin and given the positive drivers building for November, we suspect those that are able to, will look to from run and pre-position for November So gut says we’ll see a decent pump into the weekend and appropriately for Halloween, you’ll wake up tomorrow and realise it was all just a nightmare 😂 As we said, maybe being too cute here Big picture, this is all just noise Everything is unfolding just perfectly for Bitcoin and wider crypto Buy dips. Have patience. HODL