in general, tether mint = whales are taking out loans to buy (BTC, alts) to push the market up. when BTC moves into cexs it's bearish as whales look to take profits and sell BTC. when it's market moving type money, they have to be somewhat delicate in timing and will use 'good' or 'bad' news (ETF happening; not happening; China banning etc...) to mask things and get more public money flowing. it's never that simple though. there are twitter accounts that track whale moves and try to map out what they and the big cexs are doing, but it's never 1+1=2. if all that money is there waiting to buy, they are not going to buy at the local top, right? There will be a move down so they can pack their bags more cheaply.
again, nfa and all that. as i have repeatedly said on this thread i get all my info from an anon discord channel lol. i am about as qualified to talk crypto as some of you are at breaking down PK's zone defense on the football board (sushihorn notwithstanding). i've got roughly half my crypto kitty in the market right now. some long-ish term and some with stop losses set.