Shanghai A-shares is having an extraordinary breakout out w/ huge volume confirmation. The traditional wisdom that a rising tide (flush liquidity) lifts all boats (assets) may not the obvious spillover trade for Bitcoin/crypto this time. Here's why.#Bitcoin #crypto #liquidity While offshore sentiment for crypto remains somewhat buoyant (epitemized by Grayscale), the regulatory environment onshore has become less tolerant with increasingly tough crackdown measures on the OTC transactions and illegal activities aid by crypto transactions.