No the permabulls won't be able to explain it. It's rinse and repeat the insto are taking profits they know they can and will buy at a discount in the next CR.
Still last time there was a big sell order it was a play this may be the case again. There are no catalysts for growth the market already knows what is coming. Any black swans are likley to be negative. Look at the chart the long term support zone is under .40. If you had traded on this theory for the last few years you would have made good money.
Good luck.
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