$REZ Honestly, it’s nothing—on paper the whales are shouting “bullish” with huge numbers, but in positions it’s all the footprints of people running for the exit. Saying they’re long with their mouths and being long in their hands—that isn’t a washout; it’s the prelude to a coordinated dragnet. Big physical orders escape overnight, even more diligent than those guys pumping the charts. Retail is still down there catching the shares—once the trap is set, the harvest is finished.