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Tonight at 9 PM, I judged that the market was basically stable, and BTC long positions can be increased. The key is that one candlestick on the hourly chart—trading volume was indeed very high, but at the close, it was a small wick.
What does this indicate? The significant selling pressure has been fully absorbed, and in the short term, the buyers' strength has overtaken the sellers. It also reflects that although the sellers are fierce, they ultimately couldn't change the outcome (with such huge trading volume, the real body of the bearish candle is so small, which itself is very telling).
So, by the 9 PM close, I can confidently say that the market has stabilized.
This is a classic example of volume and price action working together. Honestly, trading is not about guessing based on intuition, but about learning to interpret what the chart is telling us—using real data like trading volume and candlestick patterns to discover market reversal signals. Do you agree with this reasoning?