$ENSO • Small buyers:

• Bought from the bottom and almost sold out
• Not daring to chase in this area
• Remaining buyers are on the higher levels:
• Are new FOMO
• Are liquidity for institutions to sell off

👉 The trapped ones are usually the last buyers, not the early ones.

⸻

So what are the institutions doing?

Most likely:
• Pushing the price up to sell gradually
• Not selling all at once
• Instead:
• Pull → Hold → Sell → Slight Pullback → Continue Selling

👉 Therefore, the price may go higher, but:
⚠️ The risk of a quick reversal is very high