He is no fool to spend (fiat) what he cannot keep from falling to save in what he cannot lose (unless he refuse to learn self-custody and insist on keeping them on exchanges).

Some shorts got liquidated. They immediately went long and got liquidated again. All that needs to be done, say something about some ETF got approved and then say oops. What's more fun than the bitcoin rollercoaster. Expect those who shorts get liquidated again soon.

There is no solutions, only trade-offs. I think this applies to the Israel/Hamas conflict as well.

In the physical world, there are Gold and there are Silver., where silver has its used because gold is scarce and hard to get. In the digital world, if Bitcoin is Digital Gold, there is no need for Digital Silver because second best is useless. In the digital world, there's no difficulties is accessing or getting bitcoin compare to any other crypto. In fact, it is easier. Thus, there's no relevance to digital silver. There is no point being second best. The second best is as irrelevant than the 99th.

Usually when 2 neighbours are fighting, both are angry. But in a war, both countries are angry, rightly or wrongly BUT some 3rd parties are very happy and getting rich. It's laughable if you think either Israel or the Hamas is the bad guy. Both of them are the bad guys but there another Big Bad Guy happily profiting from it and are certainly not angry.