[Big Morgan is crazily stocking up—are you still getting scared to the point of peeing your pants by “drawing gates”?] Top-tier investment bank Morgan Stanley (MSBT) added to its position on Coinbase in plain sight again this morning! The $200 million baseline position isn’t meant for short-term trading—this is forcing BTC to get a solid foundation. On the chart, Bitcoin is playing a painfully grinding kind of “tight-range consolidation”: it looks like it’s on the verge of crumbling, but the Bollinger Bands (BOLL) have already squeezed down to the extreme—this is the calm before the storm. Institutions are standing guard over the life-and-death line of the densely stacked position area with real money, and this “institution-level bullish divergence” is a reassurance to us.