According to @52kskew, price action around the $116.9K level showed reverse-direction tactics aimed at filling shorts while offloading inventory accumulated at earlier lows, indicating active order-flow control by a single entity, source: x.com/52kskew/status/1968056367664730457. @52kskew adds that this control could persist until a competing participant challenges it, which would likely create toxic flow and unfavorable conditions for intraday traders who risk getting farmed, source: x.com/52kskew/status/1968056367664730457.