Lao Lin's recent achievement of winning more than 1,100 points of SAND rebound ended up as a castle in the air! Short-sellers counterattacked, and selling pressure hit hard!
Recently, the market of SAND has fluctuated like a roller coaster. Although the short-term rebound brought a glimmer of hope to the market, from the 4-hour K-line chart, the violent shocks and repetitions still failed to reverse the overall downward trend. That wave of seemingly strong pull-ups was like a castle in the air, and ultimately could not withstand the torrent of market selling pressure.
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