Those who have been watching the market these days should have felt it — the market atmosphere is a bit subtle.

Don't be fooled by the K-line patterns; the key is to watch how volume and price move. Looking at the 2-hour and 4-hour charts, you'll notice that the top range is indeed showing some anomalies. The main players' intentions are very clear: some smart money has already started to reduce their positions.

As they offload, demand can't keep up, which is often a prelude to a downtrend. Market expectations are also adjusting, and many traders have switched to a short-selling mindset.

The key is to observe those details — trading volume, the degree of coordination between price and volume, and the inflow and outflow of large funds. These signals are much more reliable than simply looking at K-line patterns. If this pattern continues to be confirmed, it's still necessary to be cautious of the risks.