This market isn’t a pullback—it’s the main players rehearsing their exit. In a single day, open interest evaporated by a huge amount. The futures positions have already plunged into the surrender zone. This isn’t a shakeout—no one’s playing in there. Even large buy orders in the spot market are nowhere to be seen. Over the past three hours, net outflows have had everything that was previously absorbed spit back out. Across twelve candlesticks, not even one has managed a proper buy. The price has already slid a long way from the week’s high, and the rebound didn’t even manage to catch its breath. Those tiny bids on the order book are basically catching the cargo being dropped from the sky. Who would go and squat on long positions while others are moving their chips out like this—basically just using their face to receive someone else’s luggage as it’s thrown down?