Damn it, $BTC —there are no hiding the signs that this order book is being rigged. It’s not a push upward; it’s like someone is pressing the other side’s head to force the trade out. The buy orders are as thin as paper, while the sell orders form a wall that’s two and a half times thicker. Net主动吃单(主动吃单净)—the side taking the buys is the seller, and they’re smashing. The price is hard-pressed right against the intraday high but still can’t break through. This order book is imbalanced—plainly, it’s as good as a death sentence for the bulls. The technicals can’t help either: the RSI keeps crawling below the midline and continues to weaken, and momentum is clenched in the hands of the bears. It won’t be able to turn around any time soon. Anyone trying to catch a bottom from this level will end up losing even their underwear—nothing left.