Chart of L2 stocks that will benefit when the ETF is approved: $OP $METIS $ARB , it only goes one way:

These are all Dumped deeply through support => Traders who follow PTKT will probably lose a lot of goods. People often call it "Bear trap" in the case that if the candle returns and closes above the resistance area, it will probably not be able to stop it in time. You need to follow carefully because this time is quite sensitive. Fud/Shill mixed up