IP recently surged to 4.18 USDT and then immediately pulled back, leaving a prominent long upper shadow — this signal is worth pondering.

From the trading volume, there is indeed abnormal amplification, but the result of the volume increase is that the price fails to hold the gains. What does this divergence indicate? It mostly suggests signs of major players offloading at high levels.

Carefully examining the candlestick structure, the selling pressure above 4.10 USDT is particularly heavy, clearly indicating that this price range is a dense area of profit-taking from previous positions. The long upper shadow combined with the volume performance reveals a typical high-level distribution pattern has already emerged. From a technical perspective, the opportunity for a bearish trend is gradually maturing. In the short term, focus on whether this area can be effectively broken through again. If repeated testing fails to push the price higher, the probability of a breakdown below this level will significantly increase.