Quantitative supply shock is underway according to the ratio of coins available on exchanges vs total supply (inverted so it tracks price)
Right now we have a
bullish divergence between the $BTC price and this Supply Shock Ratio.
Last time I saw this, it took some time before price bounced (Oct 2020). And it bounced really hard
Anyone shorting this market will get rekt given enough time. It's just a waiting game until the fundamentals prevail