You may not know why Grayscale wanted to dump when the ETF was launched and why BTC followed the same logic.

I want to explain to you in the simplest and most direct way.
ETF, similar to asset management, I'm talking about something similar, there should be a management fee or you should understand this as a transaction fee! Old grayscale users need to unload relatively high at this time and then return to other asset management institutions with low management fees to buy, so that users save a little. Let's explain like this!
The pattern is approximately rise, fall, then rise. However, the timing is uncertain, but the initial rise is still ongoing and occurring at high points, short sales will be opened as soon as possible in the evening.