Macro fears had everyone spooked lately with the US-Iran situation. That two-week ceasefire just flipped the sentiment switch overnight. It is wild seeing $BTC BTC hold steady above 71k after all the recent fud and doom scrolling.
BTC
71,496.77
+0.78%
The real story is what is happening behind the scenes. ETF flows finally turned green again and Morgan Stanley is suddenly dropping their own spot product. It looks like the whales were quietly stacking the lows while degens were panicking over the news.
Geopolitical risk is still out there, but this relief bounce is hard to ignore. What's the play here?