Can't quite figure out what's happening here. Are market makers really shaking out those high-leverage longs before another leg up? Or is the market just... bad right now? Something feels off though—way too much selling pressure for no clear reason.

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Tokenomics911

· 23h ago

This wave of selling is indeed strange, is the market maker whipsawing or is it really going to fall? It's a bit hard to see through.

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DaoDeveloper

· 23h ago

the selling pressure pattern here actually reminds me of the liquidity provision dynamics we see in automated market makers—sorta like when the smart contract needs to rebalance before a directional move. but yeah, could just be mm layering orders to hunt stops tbh. either way, the lack of on-chain volume data makes it hard to call

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