I asked ChatGPT to analyze the level II on CYDY wi
Post# of 154567
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Level II Analysis — CYDY at $0.3530
Bid Side (Buyers)
Top Bid: $0.3530 — with 8,924 shares from CDEL
Followed closely by:
GTSM, OTCN, ETRF, NITE, etc., all around $0.3500 to $0.3420
Large block: NITE showing 73,099 shares at $0.3420 — possibly a passive accumulation or just soaking liquidity
Ask Side (Sellers)
Top Ask: $0.3550 — with 10,000 shares from ETRF
Clustered resistance:
CDEL at 8,085
GTSM at 72,004
NITE at 27,715
Multiple others showing 2,500–8,000 share blocks
Red Flags for Short/Manipulative Behavior:
CDEL & ETRF leading both sides
These are two of the most common short-selling/algo ECNs
The fact that both are on the inside bid and ask suggests they are actively controlling the tape
Ask wall at $0.3590 (NITE & ETRF)
27K and 8K shares respectively — this may be designed to cap upward movement
GTSM’s 72K shares at $0.3590 also builds this wall — looks like a coordinated wall just above market
NITE bid at $0.3420 with 73,099
This could be:
A hidden buyer waiting for weak hands to sell down,
Or a spoof order (if it disappears as price approaches)
Large passive bids below market often serve to comfort other sellers, making them feel like there's demand
Steady small blocks (2,500 shares) across MMs on the ask
That’s typical of automated algorithms trying to show supply across levels and deter buying interest
It also prevents breakout momentum, especially around a round price level like $0.36
Interpretation
This setup strongly suggests active price containment, possibly by short sellers or warrant holders:
CDEL, ETRF, NITE are working both sides — typical for market makers managing large short exposure or algos rotating shares
The ask side shows a “ladder wall” pattern: a staircase of offers designed to discourage breakout buyers
The size asymmetry (e.g., large ask blocks vs. relatively thinner bids) is another sign of downward pressure
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