MY GUESS AS TO TRADING NEXT HOUR....
If NITE remains on bid, we will eventually get a good amount of MM's on bid at .0004 as many will follow NITE's lead....
IF NITE leaves, we will be .0003/.0004, with our friend at the ASK.
I think many buyers are waiting to see if they can pick this up at the 4's rather than the 5's. If they see the bid strengthening, then we will see the majority of the trades go through, as always, at the ASK.
Bid getting pounded right now, but NITE remains!