It looks like bears are not willing to fight back till $120/125... Maybe preparing a nice trap for the bulls?
The truth is that both team green and team red are well armed, good depth on both sides.
The selling one is a bit bigger ^^
could be fake asks in between there
just to enable their owners to buy more without raising the price too much by now?
you never really know, if not having "inside" knowledge
it's all about managing risks if you want to trade