$ALPINE The current chip distribution is not very healthy.
From the data, there are quite a few positions at various price levels, but they are very scattered, with no signs of concentrated control by major funds. There are too many retail investors, lacking guidance from large capital.
Both buying and selling are very fragmented, making it difficult to have a sustained market trend.
As soon as there is a slight stir in the market, selling pressure will appear concentrated.
The upward momentum is insufficient while the downward speed is very fast.
Often there is a sudden increase in volume, but it doesn't last long, so short positions during the day are advisable.