The FUD is real! Everyone is acting like they are holding but I am seeing a lot of dumping and selling. It will dive for a short while, but then once everyone sees that it isn't a big deal, they will re-buy again.
But during the dumping, they will all trade to alts, which means a good time to watch the other top ten grow!
I totally agree and I will open a fat short position on Bitmex futures as well.
I don't think you are seeing dumping so much as a lack of liquidity so the spread has widened -- legitimate dumping at this point with everyone in cold storage would probably crash it.