 Eric, you consider yourself, first and foremost, an option trader. Can you tell us a little bit what it means? Yeah, absolutely. So where I come from is actually as a market maker in equity options, used to turn on the floor of New York Stock Change Archive, and that's kind of how I got my start. So I'm most familiar with options. And option trading is different from, well, first we should define them all, right? The first one is what everyone knows, just regular spot trading. That's when you go on to insert random exchange here like Coinbase, perhaps. And if you're just buying and selling there, that's what we call spot trading. Then you have futures, which are derivative products, which essentially are kind of like spot, but in agreement at a later date with an expiration for a price right now, usually trading at some sort of premium or discount. And then options is where we take that and pervert it just one more step further and add on not only an expiration date, but we also add on different strike prices at which these derivative products go into the money become actually active. Now, the problem or what gets a little bit confusing about options is that you have both calls and puts. You can both be a buyer or seller of calls and puts. So calls essentially, if you're a buyer, you're looking for price to go up. If you're buying puts, you're doing the opposite, you're looking for price to go down. But like I said, you can sell them both as well. So there's also different arbitrage plays with that for myself. I would always be looking to lock in some arbitrage. So let's say someone comes in and wants to buy a call for me, I'll go and if my model says it's good to do, I'll do it and then I'll pull in the other side, buy a put and then buying some stock underline. And then you can kind of find these little arbitrage plays like that. So when I say that I'm an options trader first, I'm typically thinking in that sort of mode, I want to be locking in all sorts of sides and making sure that I'm keeping relatively delta neutral. So I'm never really looking for the big home run play, even though on my YouTube channel I will show a few positions like that here and there. But those are very few and far between because they really just don't happen all that often. More often than not, things are ranging and caught in a nice little zone kind of like we are right now. And that's the beauty of options because I can construct a zone of profit essentially, where as long as we stay within that zone, I can make money off that. And if we go outside of that zone, then I start to lose money. Because options are so magical in a way, there are plenty of ways to cover yourself if that happens. In one of your latest videos, you said that this is not an appropriate time to go bearish, despite the fact that during the weekend we experienced some significant losses. But you said that in case you want to short on Bitcoin, you better do it with options. Why do you think options are the best tool to go short on Bitcoin in the current situation? The reason why I'd rather do it with options is because any time I'm trading against the overall macro trend, I don't want to put that position on spot. So I really don't want to be short spot in an overall upwards market. Just like last year, I didn't want to be long spot while we were in a downwards market. So if I am going to have any sort of counter trend exposure, I'd rather do it with options because one, it's easier to cover. I can specify that strike and then cover it in advance. It's all well played in accordance to the levels that we were looking at over there. So I can say like the 10,200ish areas where I start to get bearish once again, if we actually break down, I can say, okay, well, then I'll sell some. If I want to have some downside exposure and we break that, I'll sell some 10,500 strike calls or something like that, or maybe I'll pick the next resistance like 11,000 or 11,500 is what I have right now, of which we were just looking at. So 11,200 is kind of where I see the short term and the medium term change. So that's why short of the 11,500 strike calls because I know that if we get back above 11,200, I can just cover those, still make money of them, still take profit. And I can actually keep a spot underlying position as well long without ever going short. So that's the beauty of it is I don't actually have to risk having that counter trend position, which for me typically doesn't work out too well. Of course, everyone's got their own secret sauce. I'm not saying anything too crazy here, but that's just my style and what's worked best for me. I've had very little success trading against the overall macro trend. Okay. And you also said that the one we experienced on the weekend, it can be considered like a bearish trap or bear trap. Yeah. What do you mean by bear trap? Yeah. So bear traps, essentially we had some quote unquote bearish news come out, right? In the United States, I think Trump put out a tweet saying he basically doesn't like Bitcoin. It seemed like more of a political thing to me between him and Facebook because he and Zuckerberger don't like each other. So those sorts of news articles in the market are classic. When I was in traditional markets, anytime you'd have a news article like that, it's usually a counter trade type idea. People, retailers will kind of treat it as real. They'll sell in and then what can happen. And what I think is probably likely happening right now, as long as we don't take out that next level that we spoke about 10-2, I would say that sort of news, that sort of price activity is promoted by the people who actually do move the markets. And what they know is that, hey, if we create a little bit of emotion, if we get people a little bit on edge and they start reading the news and they say, Trump doesn't like Bitcoin. He's going to ban Bitcoin, whatever that means. It means nothing. And so I better sell now. Well, they can drive it down and make you think that that's actually going to happen and then flip it around. And now you've got a lot of people chasing who are very emotional and who can add fuel onto an already burning fire if they do want to throw on some upward momentum.