looks exactly the same as previous days. Some people with weak hands start dumping, bots pull their buy orders, more weak hands sell, bot pulls back more buy orders.
It's not organic as there is nobody setting up sell orders. Just dumping and bots pulling back while also selling into their own buy orders to shake out weak hands.
just take the opportunity to buy now at the 1300 if you see a fake sell order, for 3btc, buy it.
People apparently have been doing the 'buy on rumor, sell on news' thing with this coin, which of course in crypto doesn't even mean what it's supposed to ... nor usually makes any sense. But that pattern has been going on for seemingly every milestone so far -- wallet updates, accelerator, etc.
It's easy to think some orders are 'fake' or people have weak hands, but that can also be explained by fake volume, or people simply dumping because they stick to the sell on news mindset, regardless of what it is.
