Taking the whole, extremely fragile market conditions into account, it really ain´t far-fetched at all, that this is the absolute max top bullusionists can push this to.
All I see is bullbots drawing candles occasioanlly interrupted by some fat fingers starting to dump. Zero organic market dynamics. No retail /real buyers. Only big hodlers patiently dumping on every oppertunity provided.
Bottom line ------ This crap ain´t goin nowheeee
Happy Trading!
(NEUTRAL, since sidelining /fully commited to longing ETH myself)