This round simply gave the shorts a handy opportunity from the market. It looked grinding at first, but when it finally dropped, it was quite decisive. A few days ago in the afternoon,
$ALT repeatedly probed near the top, and every time the price tried to rise, it was pushed back down.
While everyone else was still watching, I focused on ALT’s performance and found that the buy-side support was becoming less and less firm. The rebound had no volume, and even the key levels couldn’t hold. My take was simple: this wasn’t a breakout, but a pullback window caused by insufficient follow-through—