taking a closer look at the recent action:
There's somewhat evenly spaced bullish candles, no particular day of the week, followed by some sagging. They are getting stronger.
Each move up is followed by a red day. These appear to be getting weaker despite higher prices.
= buying up, testing supply for a few days, then repeat. This is bullish, but an 'accumulation phase' could be dragged out for longer, indeed as long as supply continues to appear.
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