Felt like that last sell down was a stop run to wipe away late longs. Lol. It really felt manipulated imho. And it wasn't something that could signal the start of a trend back down from the current range. But that's just me, I could be wrong.
As for the down side going to 110k then to 97k... Lol. It doesn't look like it rn. I wanna see it break down 115k first before we entertain those thoughts of trending down to those ranges. Too early to be bearish.
I would say it did feel a bit manipulated, but I am sure that they are going to end up with more in return soon. We are going to finish this month in green, and we are going to have a better last two weeks. Finishing above 120k is quite obvious and could very well happen. We just need to make sure that we have the air to keep going that much and not run out of it quickly.
It is hard to keep going higher and higher, eventually the buyers run out of money to buy, and because of that it becomes a bit tough situation to be in. We are going to see this changing soon enough, and because of that, the best way to move forward would be making sure that we are dealing with a better profit soon enough by trying our hardest, and not letting these manipulations control the market.