It's difficult for me to tell, but I get a sense there is a decent amount of accumulation going on.  Looks like we might stay in this range a bit (I think 140k-118k)  I do feel whoever flashed that 20k order last night was just "showing off" and the order was pulled pretty quickly out of fear that someone could of jumped on that order very quickly.  He had no intention of selling.  There is also no way he could even unload all those coins without crashing the price.

The speed at which James is coding and developing I would be very weary of selling/dumping/playing the short game.  People jumped out to go chase other coins for short term profits, but they will have to make incredible gains on those shit/scamcoins in order to jump back in btcd and buy back what they sold.  The order book (selling) is still pretty thin.  Were only 10BTC to 200k and its not really that many coins.  

James is working on so many small pieces together that once the puzzle starts to get put together (which I suspect) is going to be sooner than expected we will see a violent/sharp rise.

Take this time to accumulate what you can.