Someone's dumping heavy bags into every rally and killing momentum.

Is this coordinated? A whale exit? Or just natural distribution?

Either way, the constant sell pressure is keeping a lid on price action. Until this supply gets absorbed or the dumper runs out, we're stuck in this range.

Watch the order books. If the selling dries up, we could see a violent move up. If not, more chop ahead. 🤷‍♂️