This chart looks like a kitchen drain—water keeps flowing downward, but the residue clogs the pipe mouth and slowly twists up. Over at the spot supply, the big orders are already being withdrawn. The continuous negative readings across multiple columns in the capital flow show that smart money is passing the chips to retail investors. Leverage positions are still propped up, but the price keeps drifting lower under a bearish shadow. This isn’t sideways consolidation—it’s bulls lining up to enter a meat grinder. In the last day, it slid down 20% from the high, and there hasn’t been even one decent counterattack in the middle. Any rebound is just a window for distributing shares. Don’t get fooled by that little short-term rise. In this kind of market, every push upward is only giving the trapped positions above a chance for a lighter sentence, not a pardon. I’ve accepted this logic. If you still think this is just “washing,” then keep waiting in there—I’m not staying in it.