The harder SAGA falls, the more aggressively big players rush in—both the long and short ratios are pushing up to three times, and the positions side is even more than four times. They’re still adding. The harder the spot market gets smashed, the more these people pile real money into long orders—could that be something retail traders would do? On the order book, the buy side is being held down against the sell side by almost one and a half times, and there are people waiting below to catch it. On the four-hour timeframe, it’s still heading north; in three days it’s climbed 20%. Just when it dipped back to below the moving average, someone started sweeping up again. By the time this round of accumulation is done, when the shorts want to cut, they won’t be able to bring themselves to—it’s too hard to let go.
