Assuming he is selling!
Shouldn't we think about why he wants to sell?
Is it possible to smash the right hand with the left? That seems unlikely, given BlackRock's scale, this would be a bit embarrassing!
Did he also see from the candlestick chart that it was going to fall? It seems he doesn't need to look at the candlestick chart.
That means he knows the information at his level and is pessimistic about the "market outlook" and therefore sells!
The holding period for such institutions is usually quite long; they can hold on! So we cannot judge how far this "market outlook" will go.
He may think there is a better cost price waiting for him, so he chooses to temporarily exit and wait for cheaper chips!
This is purely my personal guess, random thoughts, and daydreaming, just taking a look 🤔#ETH #何时抄底？ #BTC $BTC
$ETH
