IMO There is a large oppies holder who wants the price to go down before it goes up again. As evidenced by the 450k+ offer that was placed at 3.4 and even a few offering ups into 3.3 by the looks trying to put down pressure
As you can see, 3.4c keeps getting chomped at and more buying on the heads again so take from what you will...
Oppie mover and shaker watch out LOL