A. The number of buyers at the price they are willing to pay exceeds the number of willing sellers at that price.
B. The number of buyers and sellers have converged to a price that both sides are satisfied with.
C. The number of people willing to sell at a given price is too high for the number of willing buyers at that price.
D. The number of people willing to buy at a given price is too low for the number of willing sellers at that price.