RE: Downward pressure
yes it is only too obvious.
noone stacks so many asks likethat. if they wanted out so bad they would sell into the bid....
the reasons these folks dont is because then they would scare away for good and recovery would be painful, not their intention. they are trying to strike that balance between picking up low demand and not letting the price get away from them....
this is a great sign if you read between the lines. if you were holidng, stay firm!!!
this is the passive aggressive version of a treeshake!!!