#数字资产市场洞察 $IR This rebound looks good, but a closer look at the trading volume reveals the truth—it simply can't keep up with the price rise. Every upward pump is a struggle, and the highs have not been able to break through the previous resistance level, which is a typical signal of funds reducing position during a rebound.

From a structural perspective, when the lows start to show signs of loosening, I lose interest in going long. In this situation, going long again would just lead to being slowly worn down by the market. Once the key support is broken, market sentiment instantly reverses, and selling pressure will surge, causing prices to naturally move down.

Anyone can be a Monday morning quarterback after the fact, and when the market turns, the reasons become crystal clear. The truly valuable skill is being able to see through these details before the decline happens—that is the core of making money in trading. Continuously observing similar technical performance will be more helpful for future analysis.