The largest and fastest moves are more often than not caused by a lack of liquidity rather than an influx of orders. When price "chops" THAT IS LIQUIDITY; That IS a massive amount of buying and selling happening at relatively the same price point for hours or even days at a time.
When "buyers take over" or "sellers take over" an inefficiency is created in the supply and demand equation and price moves to where there IS liquidity, where there ARE massive amounts of buyers and sellers to balance the equation.
When "buyers take over" or "sellers take over" an inefficiency is created in the supply and demand equation and price moves to where there IS liquidity, where there ARE massive amounts of buyers and sellers to balance the equation.