The bullish side that stubbornly held onto AKE has really embarrassed itself this time—its positions shrank by 60% in a single day. This isn’t a pullback; it’s positioning queuing up to jump off a cliff. On the four-hour chart, five consecutive bearish candles smashed down—price slid from the high point straight to being halved. The 20-day line is still propping on the ground, but the 50-day line has long been pressing overhead. This pattern is basically laying out a red carpet for the shorts. Fees are so negative they’re starting to get ridiculous. The bulls have been holding the order and even paying extra money—this isn’t a bottom; it’s below the basement, with an elevator shaft still underneath. Who’s going to reverse this tape when even the spot buying orders can’t find a decent buyer. In the end, it’s nothing more than: the bulls inside trample each other, while the shorts at the door count heads. Bearish, no discussion.
