When you think the price action is “crazy” or “diabolical” it’s nice to sometimes understand why.

Right now liquidity is fairly low so the algo’s, MM’s and powers at be are taking every opportunity to liquidate people.

I’ve found these liq heatmaps to be the most reliable indicator of where the charts are going way than any fancy scribbly lines and indicators “experts” are using, playing out 90% of the time. Of course freak things also happen which none of us can foresee.

70-80% of the market right now is algorithms and bots. Market makers aren’t people sat behind a screen. A small amount is pro traders and a very small amount retail.