$LINK This drop is giving the shorts the last bit of dignity. In the spot order book, when one buy order is placed it’s one more sell order piled up at one and a half times the size—while aggressive buy volume directly doubles, crushing the sell volume. The price dips slightly, but the chips are being held in hand. This is called a washout, not a retreat. The big players’ long positions are approaching 70%; over the course of seven hours, they added nearly another 10% against the trend. Smart money buys more the further it falls. Don’t wait until everyone finally reacts—this tape is propped up steadier than you think.
