HYPE This wave—the big players cast their vote with their feet. The number of accounts still looks like it can hold, but positions have shrunk by nearly 6%. They say “hold,” but everything is being withdrawn—smart money has already moved. On the derivatives side, sellers are actively pressing to keep the buy orders down; the buy volume has fallen to just scraps. Is the next buyer still asleep? By the time everyone reacts, it’ll be too late.