SAND's brief rebound ends up being a castle in the air! The bears strike back strongly, and selling pressure is upon us again!
Recently, SAND's movement has been as thrilling as a roller coaster. Although there was a strong rebound in the short term, the violent fluctuations in the 4-hour candlestick chart show that the market still hasn't escaped the overall downtrend. That brief 'shot in the arm' clearly couldn't prolong life; the torrent of market selling pressure has spread, and prices have fallen again, entering a typical range of oscillation and exhaustion.
The bear forces have quietly returned, and the fluctuations in market sentiment are nerve-wracking. After this strong counterattack, how should investors respond? Whether shorting or going long, both will face intense pressure. At this time, maintaining a clear mind and executing precise operations is essential to stand firm in the ever-changing market.
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