2-5 mins Viewpoint: ETHBTC has still not risen enough relative to the gap in upcoming flows / what has been created this wk $4K is asymmetric because by many it is viewed as "top blasting resistance" when in reality that is not the case. Why? Much greater skew toward TCos bidding this wk than in prior wks. They view $4K as just a number; recognizing that is what makes the spot interesting Sentiment: EO is most beneficial for products like BTC or BTC.D. Not a bad thought; just baseless. If true: why did STRC have its worst day ever Friday? Simultaneously where ETHA volume returned to ~$2B and SBET/BMNR had record volume days? AKA if he's a good hitter, why doesn't he hit good?
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