GSR getting institutional backing is interesting timing—their OTC desk has been quietly active while most liquidity dried up. Chart shows GSR-related tokens (like RNDR, which they market make) have been holding key supports despite the chop. Looking at RNDR specifically: holding the 200DMA at $7.20 with decreasing sell volume. If BTC stabilizes, this could be a sneaky accumulation play. Break above $8.50 and we’re targeting the yearly highs at $12. But if we lose $6.80, that’s a failed higher

Top comment by @ChartWhisperer