I personally take this with a grain of salt when discussing the crypto markets. A bunch of tulip-freaks, we are.
As we can see from results, the market tests and price markup were textbook examples.
Based solely on , it appears as though the big shares may have reached their targets and are offloading.
Note: this is highly speculative, based only on the 1W chart (incomplete data), and based only on the last 4 bars of stagnant price, with moderate .
In the next post, I'll do the same analysis on the 1D chart. This should allow for a more complete speculation.