If the sharp drop from 2200 a few days ago was a狂欢 for the bears, then the drop to the 1936 level on the 4-hour chart leaves an absolute "epic single needle bottom"!

What does this long lower shadow mean? It indicates that in extreme panic, the main funds entered with a "one-click clearing" of all high-leverage longs, triggering a chain of liquidations and completing the bloodiest chip turnover!
The massive volume at the bottom is also irrefutable evidence: retail investors, in despair, surrender bloodied chips, while whales are疯狂吞噬 at the bottom!