Selling pressure is so heavy it feels like a wall smashing down on your head; the bid side can’t even organize a decent counterattack. After four hours, it’s all bearish candles pressing and grinding through the moving averages downward. Every rebound gets shoved back down. Open interest is still shrinking. The bulls don’t want to hold on—it’s simply impossible to hold. Who is still down here waiting to catch the “purchase” orders? It’s nothing but showing your face just to have it pressed against the short sellers’ shoe soles.