1-As you can see in Curve, the price has overextended.
2-There is a strong supply zone in the 32-34K range.
3-Probably, like last time, the market maker is gathering the necessary liquidity to carry out his desired move by hitting the stop loss of the short and long traders.
2-There is a strong supply zone in the 32-34K range.
3-Probably, like last time, the market maker is gathering the necessary liquidity to carry out his desired move by hitting the stop loss of the short and long traders.