Buyers killing buyers

We are wrong, that we guessed maybe it will forming a smile curve bottom after an 'XABCD' development, while we guessed maybe the worst price was around 147 last week. But We see buyers and miners drop their long position, and dumping the price down to a low price at 119.52 this week. (Buyers are killing buyers)
Now, we are only doing day-trade(hit and run), no position keeping for overnight, because of:
. Panic selling market (Sometime panic selling is indicating bottom is much near, keeping watch for the development. Will market retest this price? Can it be hold or not?)
. Un-resonable price that the price is much lower under Power cost for most of the countries.

What will the market direction development, need to be very careful.