just want to add this
when the Bid side is usually weak there isnt a sell off (no money to get maximum value), when the bid side is Super filled that is usually when I notice some big action moving
when the Ask side is usually strong there is usually big buys since there are alot of bitcoins sitting waiting to be scooped up,
this is just a observation from watching the price practically 24/7 with my other assets
That makes perfect sense from both buyers and sellers side.
I've said before that walls are magnets. People seem to think the opposite for some reason.