Let's take a look at $FIL :
The pullback from the previous high is close to 50%,
On December 20, after experiencing a pullback, FIL stopped falling and rebounded, initiating a second bottom test.
During the second bottom test, short positions decreased and did not break the previous low, indicating weakness in the bears. From the BOLL bands, it currently appears to be a pullback after breaking the middle band, and the BOLL bands are beginning to converge. The overall trend shows that both the low and high points are rising, paving the way for the bulls to gain strength.
View: FIL is about to experience a short-term rise, and this is a short-term right-side entry point. The four-hour market changes rapidly, so short-term operations must seize the opportunity to take profits and cut losses in a timely manner!