Yesterday, there was a very obvious divergence between volume and price!
From the 15-minute big pie structure chart, around 8 PM last night, the price of the coin began to pull back, and the price kept declining, while the volume continued to rise. At 10 PM, when the coin price hit the bottom, the volume also reached its peak. Then the coin price started to rise, and the volume gradually shrank until the coin price stabilized, and the volume began to stabilize. Subsequently, at 5:30 AM on May 1st, the big pie began to exert force and climbed upward.
Let me share my personal opinion.
First, while the coin price keeps pulling back, some people hit stop losses, and some get liquidated. When the volume is at its maximum, the purpose of the market makers has been achieved, causing many bulls to cry out in despair.
Second, when the coin price pulls back and hits the bottom, there are institutional players entering the market to defend the price, so the volume explodes instantly.
In summary, regardless of the situation, there should be a nice upward surge followed by a consolidation washout. Such trends occur without incidents. Therefore, when we see this type of chart pattern next time, we should decisively enter the market, as the winning probability is extremely high! #山寨币ETF展望 #币安Alpha上新 #特朗普就职百日 $BTC