So this range-bound wash trading is very interesting. It seems that for whatever reason, the futures market is intent on controlling the price within a narrow bound.
Good thing, or bad?
In my mind..whales are still accumulating...so its good imho. I dont know if I would go so far as to say we are coiling again...but there seems to be some compression in the ask walls. I am calling for a nice little spike within 36 hours.