In a downtrend, the prevailing market sentiment is pessimistic and under selling pressure. A healthy rise (whether a reversal or a strong rebound) must involve the entry of new capital, and the most direct evidence of new capital entering the market is "increased volume."
In a downtrend, reaching a recent new high without significant volume is a bearish signal that requires high vigilance. It indicates that the foundation for the rise is weak, the bullish strength is feeble, and there is a greater possibility that it is a pullback in a downward continuation, with a high risk of further declines in the future. #成长值抽奖赢iPhone17和周边 #GateLayer正式上线 #BTC走势分析
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Study Post:
In a downtrend, the prevailing market sentiment is pessimistic and under selling pressure. A healthy rise (whether a reversal or a strong rebound) must involve the entry of new capital, and the most direct evidence of new capital entering the market is "increased volume."
In a downtrend, reaching a recent new high without significant volume is a bearish signal that requires high vigilance. It indicates that the foundation for the rise is weak, the bullish strength is feeble, and there is a greater possibility that it is a pullback in a downward continuation, with a high risk of further declines in the future. #成长值抽奖赢iPhone17和周边 #GateLayer正式上线 #BTC走势分析