Honestly I am not sure. It's probably a combination of all the things you mentioned. The conclusion is there is just not enough buying pressure and the little that there is, is overwhelmed by sellers. The good thing however, this stock needed a reset. It was ran up by a group, that obviously left on the 29th when the stock hit highs at 0079, and without their influence on buys (slaps) at key times, there was nothing left for it to do but dip.
The good news: tons of shares exchanged hands past few days, fresh traders are in at all PPS ranges and the L2 has really cleared up a lot. Could we close green? Maybe? It's possible that the group moves back in, or a new group will take their place today near EOD, but who knows. I believe it will close red today, and I also believe that won't be the worst thing in the world. All JMHO
News 
Market Data 
Discover 
AI
