I man support and resistance to keep it in check. This is just a point in time. Price fractals do morph. But big money is not always smart money. I've seen that enough times in my 18 years. I know plenty of inexperienced big money in the crypto market that is playing the role of 'whale' but acting like a sea anemone.
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Yes! Lots of money does not always equate to lots of financial sense. I'm reminded of the number of millionaire lotto winners and athletes who end up financially destitute; because, they overestimated the power of the poorly-invested dollar.
Peace.