If you haven't already noticed, there is heavy price manipulation occuring right now because of the very low trading volumes we are seeing currently. Whales are placing market buys to pump the market at will. Prior to the major moves, they are opening long positions before moving the market through large, multi-hundred BTC orders.
As shorts or longs expand, these moves are going the exact opposite direction to drain the market while reinforcing their preexisting leveraged long trades.
You can see this very clearly on the 1 min chart, however TV will not let me post on a small timeframe.
You can see that the sell volume by contrast is much larger and sustained and much more likely a result of organic selling by a variety of market participants. Almost all of the major buy moves however have occured within 1 or 2 minutes by large market orders, likely orchestrated amongst a small group. You'll see that each time a major move occurs, there is no follow up buying, but rather flag consolidation waiting for the next whale move.
This is ultimately a very unhealthy market situation and trading this in either direction is deadly. Please refer to my prior post on bear flag fractals and wait for a big, volume backed move before you make a trade.