+$114,686

$SMCI simply played the short squeeze into premarket highs on a liquid name. Very tight risk
$MSTR complete disconnect vs Bitcoin. 
Shorted on the relative weakness midday and covered.
Longed for the breakout as BTC was breaking out but it kept on stalling so I kept on selling for the pop.
Late day all of those shorts that likely held it up earlier came out and when I saw BTC fail its breakout I started to lean against it short vs 450. Didn’t realize it was that it was so late and proactively covered into 440 instead of planned mid 30s.
Hard to partake when the NAV is 3.3x BTC holdings but shorts are still entrenched.