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Low liquidity (weekend session) and liquidations.

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That is why all of these deleveraging events keep getting bought up, but @fintechfrank is right, tomorrow (if we don’t bounce by then) will be a big test of that theory. If this dip is bought up Monday morning US time that would be strong evidence in favour.

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isn’t expecting a lot of pain for the industry out of this...not surprising considering how much we’ve moved up!

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yup -- still obv bad, but unlikely to endanger businesses in the same way the crash to 4k did

4:37 AM · Jan 11, 2021Twitter Web App

@kingtrippy5116

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and

Not sure why everyone isn't bringing up the obvious lack of legal ways for US institutions (and UK) and individuals to access tools to manage risk.

lobbies CFTC obvi