One of the signs of a bullish move is larger bid blocks than ask blocks. Another sign is a tighter interval between bid and ask. Another sign is an aggressive bidding war. All three of these characteristics are missing in the action here.
VC
EDIT: Example is the 1MM+ on the ask. A bid/ask ratio of 200:11K... That's bearish. Another bearish indicator? Ask blockers, lol. Under a penny very soon...
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