The source is Been Reeves aka piuk, the guy running blockchain.info. Check the source link, the reddit guy copied and pasted the email Ben received from Twilio.

I love the short TF trend lines i see in this topic... It remembers me how PRO I'm compared to the average guy here
[/modesty]

You're gonna get a bear tag for this!

Gee, it was a simple market analysis. You guys really need to calm down with the manipulation talk. Honestly, market demand/offer is ALWAYS a stronger force than manipulation. It sounds rather silly to me that people look at the biggest wall on a market and say very securely that it is manipulation. Have it occurred to you guys that the one can only manipulate within his buying power? I.e. one can never manipulate more than one can buy.

Getting on-topic, bitstamp resistance is being crushed at a steady pace, we're getting close to nice price pump up. Of course, with mtgox still processing a much larger volume than any other market, this will probably go much slower than what we've seen in the latest bubble, which is actually a good thing.

One thing that is confusing me is the market profile of btce, why is it so concentrated around the trading point?

Who is lining up to stup up as a major player in bitcoin trading? I don't like the current situation at all, bitcoin economy is very fragile, we need much more adoption and even more large markets.

Bulls on Bitstamp are shifting a gear up.

First an overview chart I like with weekly weighted moving averages showing the 'massive' spike as a blip we're in the process of healthily recovering from.  At the same time it's showing the spectacular volume drop week on week that appears to have very little bearing on the price.



Next zooming in on the last six days I just like how neat that is...



And finally, the most exciting for me is the change in volume balance and catching up of prices by the three closest exchanges to mtgox, bitstamp in particular currently at over a quarter of the total USD exchange value on bitcoincharts.com



Assuming more than a tiny amount of what was mtgox's volume has gone off exchange altogether to OTC or whatever and that it's currently only 62% of the overall volume the comparative low volume of mtgox from before may not be as drastic as it may first appear.

Then , rejoyce on this , chinese already know about bitcoin , and there are quite a few who have enough bitcoins now =))).
It was a package worth of around 60k$ ordered on silkroad , late march if i remember..

And the other exchanges are right behind.

General reply that has nothing to do with mb300.

People forget to factor in fees when they sell. Selling at $124, means you have to get back in at $122.50 just to break even. Realistically to sell at $124 you have to feel like it's going to slide down to $120 to make it worth your while.

I've seen a lot of people who "take profit" and then buy right back in near the same price. Ignoring the fact they just lost a decent chunk of money in fees. A lot of those people with asks between 126-130 will buy right back in. Cancel the ask, save the fees, sell when it peaks. =)