I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?
Probably cutting losses, mostly people that have not enough FIAT stashed to survive a long(er) bearish period, even being usually bullish and with some massive (for me) orders at 5,xxx range I feel a bit nervous about the current situation, this has gone down FAST without signs of resistance and this is what creates the dominant negative sentiment.
Eth.
EDIT: BUY orders, I meant.