Let me give you an example for you to analyze and see if it makes sense.

Suppose there are 10,000 people in your community, and in your building, there are 500 people, standing at station 645 and station 660 on Binhai Road.
You say that the pressure at positions 660 and 645 depends on how many people are standing at each position, and the greater the number of people, the greater the pressure.
The above is to help you understand how the pressure at a specific point is generated. Of course, this does not consider funds.
If you say that among these 500 people, one person's weight is equivalent to the total weight of 10,000 people, then obviously, the pressure is greater where those 500 people are standing.
If you understand this logic, then let's move on to the next question.
All the well-known candlestick technical indicators worldwide, pick any, for example, the middle band of Bollinger Bands.
Now, think about it!
With so many people trading cryptocurrencies around the world, isn't it true that many of them use the middle band of Bollinger Bands?
For example!
Suppose there are 10,000 people using the Bollinger Bands middle band indicator to make trades.
The pressure at the middle band is at 660, and these 10,000 people are short at 660.
Then, a host on Gate gives you a point at 645, with 500 people in the live stream room.
Now, 500 people are short at 645.
You say, which position has greater pressure, 660 or 645?
After we understand these two questions, we can then work backwards to compare which is more effective: the point given by the host or the point shown by the Bollinger Bands.
Look!
I am talking about which is more effective, not which is effective.
My understanding is that any point used by many people is definitely more effective than one used by fewer people.