Open the 1-hour focus on that big bullish candle and the small bearish candle that just appeared (this is a reduction position bearish candle, meaning it was formed by profit-taking, not by short positions increasing)
Big Bullish Candle 180 million trading volume 2400 points
Small Bearish Candle 50 million trading volume 900 points
180 million ÷ 2400 points = 75,000
50 million ÷ 900 points = 55,000
What does this mean?
It costs 75,000 to push up one point
It costs 55,000 to push down one point
This indicates that the cost of falling is lower
So what does this indicate? Does it mean it will fall? Not necessarily
But it indicates there is a disagreement here!
So we still have to see how the main force chooses. If it pushes up while facing disagreement, then it is a strong shift from weak to strong. The main force definitely has a solid logic for pushing up. Since I do not study fundamentals, I won't analyze the reasons blindly
Since the main force has started to reduce positions, even though it's just a little, it's best for us to learn from the main force and also reduce some positions.
Just have a rough idea in mind.
Personal opinion, make your own decisions, and manage risk well.