What has changed with the whole ETF debacle is that selling like this does not cascade into deeper corrections any longer. Trying to create a cascade during Asia open is NOT the smartest thing now, so it’s either desperation or less experienced entities trying these things out…

Really doubt there is much market order profit taking at this time of day, at least not at a scale that really moves the markets.

Just some thoughts this, without checking order books & liquidations, that sorta thing is not too important long term anyway :-) nostr:note12cuw0rm9zeyxqvwtz8udg5ssca0wpnwf5x6r7ud0zy2rlps856rsunhdnr