Looks like the appetite for selling dies out at these levels. Volume dwindled away to nothing now & spread gap widening, leaving trading at a standstill for periods.
Not surprising - the 4hr chart fell off a cliff today. The coin is now well oversold and the snapback is going to take it quite quickly back to 140 - 160 as the bulk of the liquidity remains above those levels.
Last orders at the bar.
If you've been sitting on the sidelines waiting for a bargain on then I suggest people get their a*sses back in now before the snap-back kicks in. The elastic is stretched to limit. Right now you can pick up 2 million bay for about 1.7 BTC.
I don't expect that state of affairs to last very long.

