Short transcript excerpt of Will J explaining why markets do not first push prices down to 'harvest' lower liquidity before rising. He uses a business/store inventory analogy: markets behave like sellers who mark up and sell inventory rather than repeatedly buying wholesale before selling. The clip argues markets operate in one direction at a time, so they do not both push price down to collect liquidity and then immediately reverse.
Why the price won't go down to 90k to harvest the liquidity lower first before going up. This is Will J. Good question, Will. That would seem like obvious potential possibility, but the reason it doesn't do that is very simple. The market typically doesn't go in two directions at the same time, and it makes sense. If you were running a store and you bought a bunch of wholesale inventory, you're going to want to mark that inventory up and sell it off before you buy more inventory. You don't buy inventory wholesale, then go back to the wholesale distributor and buy more wholesale inventory. There's this cycle, right? So in the markets there's no difference, just business one on one.
