Currently $SKY is it really short or long

This wave of SKY is not about following the trend at all, it’s more like a meat-grinding phase. After breaking the previous high, the volume completely didn’t recover; instead, it shrank day by day, and the price is stuck in a very narrow range, repeatedly pulling back in this rhythm. Essentially, it’s the main force repeatedly shaking out chips during the distribution process, tricking the hesitant chips little by little, then sharply dumping them. Now, this sideways oscillation looks like it’s not falling, but in fact, each horizontal candlestick is draining the bulls’ last confidence. Once the sentiment can’t hold, a quick drop can happen at any time, directly hitting a batch of stop-loss orders, and a change of face can be just one bearish candle away. Don’t be fooled by this false stability in the short term. Being unable to push higher is itself the most honest signal; if it should rise but doesn’t, there’s definitely a problem. In this environment, every volume-less rebound is more of a window for reducing positions, not a relay point, let alone a bottom-fishing opportunity.

At this stage, just assume it’s bearish. Wait until a real volume breakout indicates the direction, then follow the long side. There’s no need to be caught in the middle, being harvested back and forth. #WCTC交易王PK