In the past trends of the large pancake, the phenomenon of "mostly long shadows at the top and mostly long shadows at the bottom" is quite regular.
Key turning points often see the long shadows of candlestick patterns becoming a microcosm of the fierce confrontation between bulls and bears. However, with the changes in the structure of market participants and the regulatory environment, the limitations of relying solely on such single technical patterns for trading judgments have become increasingly prominent.
Currently, to assess the market, it is necessary to incorporate multi-dimensional information such as changes in trading volume, global macroeconomic conditions, and on-chain data dynamics into a comprehensive analysis framework to more accurately grasp market trends.