Just an addendum to this, the volume bubbles you see corresponding to number match clearly with the impulse cycles 1, 3, 5 .

The significance here however is that in the current phase there hasn't been a large volume sell off, indicating there is NO market wide lack of confidence.

Indeed there's been a large volume buy-in, but only a trickle of selling off. The market is still in a bullish phase for bytecoin and I expect to see another huge buying cycle in the coming days...