The price is pinned to the floor. Long positions are being cut by 10% in a single day—this isn’t a pullback at all; it’s self-sabotage. On the order book, the buy volume versus the sell volume never even reaches one-third—after that, the remaining people don’t even bother to pretend. Don’t call this “accumulation”; that’s fooling nobody. Don’t talk about that little rebound—when it dropped, there wasn’t even a decent opposing bid. The shorts aren’t even bothered to laugh anymore. This trend still hasn’t hit bottom yet.
