If we can bump up past here it's pretty clear to 38k. But there is no actual volume.
What we seem to have is a bullish small player, retail. And whales selling .
I am not sure I agree with this premise. Without people selling, there are no people buying. Without people buying, there are no people selling. I don't whale's need or want to sell at this point of the adoption curve.
I think I agree. What I am seeing is retail pushing the price north in the absence of whale moves, but when the volume shows up we seem to be headed down. So small buyers outnumber small sellers, but the volume of large sellers has outpaced both large and small buyers recently.