It's going to pull back.
Because I saw some teachers using data to prove that the current buying demand is very strong,
I think it's necessary to remind everyone to avoid being misled.
Today's supply selling pressure is very strong, while the buying demand has decreased a lot.
I have already led group members to stop profit and hedge BES in the morning.
It's more obvious here with SOL (BTC ETH is similar, but not obvious).
The K volume and price are synchronized from 4 to 8 o'clock, which is a good phenomenon.
The K from 8 to 12 o'clock, the volume is reduced by 1/8, but the price fluctuation is reduced by 1/2.
The volume and price are not synchronized, and the demand cannot control the price. This means that the supply has doubled and started to suppress the price, and it is shipping.
The K from 12 to 16 o'clock, this is basically clear to everyone, a hammer K,
the supply completely suppressed the trend of these 4 hours, shipping.
I saw the first two Ks and knew that it was shipping in large quantities,
no need to wait for the third K.
The volume and price are so simple, and it is clear at a glance that the efforts have no results.
Looking at the data, they still say that the spot buying is strong, why is the more you buy, the more it falls.
#WyckoffSupplyDemandQuantityPrice#SOL