In the early stage of the market, there was a phase peak at 8348 points, followed by a price pullback. Then, during the first and second waves of price increases, the trading volume was in line. However, when the market attempted to break through the previous high of 8348 points, the trading volume below was shrinking. Therefore, the possibility of this upward surge forming a new round of bullish market is not high. Once the market forms a trend of rising with shrinking volume, it indicates that the momentum for price increase is insufficient, and it will not be far from the top in the future. For such a market, investors should pay attention to risks, especially when there are significant resistance levels before the rising with shrinking volume; at this point, taking profits and exiting is advisable.
