I think BTC is playing dead so the bears go away.

Ever since i heard that we might be in a bear market i did some research on bears and bear attacks.

So apparently Grizzly bears will be rather aggressive and attack you, the solution is then not to run or fight but to lay down cover your neck and play dead.

It seems to me like BTC is utilizing this technique to avoid the grizzly bears. Its playing dead by ranging in the 30s and once in a while makes a pump as a way to fight back against the black bears.

Interesting to see this technique live on my screen.

My research is based on this article : https://www.artofmanliness.com/articles/how-to-survive-a-bear-attack/#:~:text=Fight%20back.,ll%20usually%20just%20give%20up.