Yes I agree. My take of the current situation is that it appears that there are potentially two things happening - party one appears to be trying to influence the market by placing large sell orders in the $0.200 range (which may or may not be fake), whilst the second party is selling into the buy orders that build up each day at $0.190. There are definitely large “sells” going through each day.
That’s what it appears to me, but just my interpretation. It just seems that there are more than one strategies in play at the moment. (I may be completely wrong - party one may also be party two - they have decided that $0.190 to $0.195 gives them a handy profit and they use this strategy to build up buyers to sell into.)
Cheers.
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