That CME gap that was created on 22 March has finally been Filled.
For me, the pressure has been on PA to Dip back into that gap to fill it and so we have been ranging above it for weeks.
This takes the battle lines between Bulls and Bears to a higher level.
PA can move on.
But will It ?
Hong Kong just approved BTC And ETH ETF's.
We may see outflows from USA BTC ETF's and Inflows into Hong Kong now....
We need to watch that space very closely because if the Flows are Large, the USA has to approve ETF for ETH pretty quick