1000PEPE This spike’s order book has already been baited—sell orders above are thicker than the bids, and long positions are just here to prop the bottom. Even if the order book is tightened further, it’s only passive resting orders propping up the show. The price has fallen nearly 10% from the day’s high, and the day’s gains have been reduced to just scraps—there’s not a single active buy order. Spot large orders have seen net inflow wiped out across the board; with how aggressively it’s been running, that big money hasn’t put in a dime. With no one propping the market, it’s basically a shorts’ self-serve feast.