BTC This order book is a decent-looking trap dug for the bulls—the bid orders are fast and total about four times the sell-side, yet the price still smashes through the intraday low. The thicker the buy-side’s orders get, the more decisively the exit happens. To be honest, this kind of deep “wall” shatters the moment it’s touched—it's all inertia-driven thinking propping up the facade. On the futures side, the fee rate has flipped negative. With active sell orders pressing down on the buy side by about one and a half times, the multi-heads can’t even afford the trading fees to add positions. They’re stuck standing guard at the highs, as chasing rallies and selling during dips has been a timeless pattern.