The price is pinned under the moving averages, lying there; for four hours it’s all red candles pressing down. This setup has me gasping for breath. Trading volume shrank for seven hours in a row—that’s a sign that someone is quietly withdrawing. Even the fees have dipped into negative territory, yet the longs are still stubbornly holding on—holding on for what, exactly? The percentage of active buy orders is quite high; the seven-hour increase is pushed to the limit. But the price just won’t rise. This isn’t “catching a falling knife” anymore—it’s not even “accumulating quietly,” it’s literally getting out dumped into by the big players. The big players’ long positions are still so high, and retail money is just their exit/“distribution” pool. When those who look at a high buy-order ratio and think a rebound is coming finally wake up, the price is already gone—gone without a trace. Hold the short positions firmly.
