CBOE Future never disappoint you. There was pump & dump to +-30% from highest / lowest in each CBOE cycle. Now, they dump from 8500 to 6000 and it's 30% down from top...right before CBOE settlement date.
What next? I think people will stop dumping for a while and let the price climb up to 6500 again ( or maybe 6800-7000 ) And then they will dump all the way to 5000 from SEC's ETF rejection. ( Oh you can expect the big short if they reject any ETF lol )
Right now the market full of people who can make profit from short, and Bitmex playing the big role in this price declinement. Because people can short everything with 100x and get big profit ( or liquidated lol )
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