If the trading volume increases during a bullish market, and decreases during a price pullback, then this is an ideal bullish market scenario; if the trading volume increases during a bearish market, and decreases during a price rebound, then this is an ideal bearish market scenario. When we trade, whether going long or short, we certainly hope for trading volume to support it, so that both bullish and bearish markets can continue.
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When the price rises, the trading volume also increases; this price rise is a true result driven by volume. When a price pullback occurs, the trading volume decreases accordingly, and such bullish markets are usually healthy. If the price and trading volume are in sync, and open interest continues to increase, then the chances of entering a long position are greater. The combination of "price, volume, and open interest" is applicable in any time frame.