Supposed walls have vanished too often upon approach to be really meaningful and often indicate a movement in the opposite direction - eg buy walls might exist to fill sell order in front of them  

I hope we close the daily above 2420$ at Bitstamp. I know we broke down in the triangle but it just doesn't feel like a bubble popping. Rather everybody who's selling now does so hoping to buy back lower in the not so distant future. After all Bitcoin will finally activate SegWit this month and the FUD surrounding the 1st August is way overblown IMO.

Well the author did well in unmasking this "Spoofy".
However; first I disagree with his statement that it is one entity - could easily be multiple entities with same/corresponding agenda. Also it's worth noting that most traders don't give a damn about the orderbooks. Everybody who's trading Bitcoin knows of the markets unregulated nature and thus orderbook shenanigans.