#BTC Beware of short traps.

The price has indeed broken below the upward trend line,

but the increase in trading volume here has not pushed the price lower.

The price has not quickly exited this area, so caution is warranted here.

Increased trading volume, long upper shadows, weak performance.

But, but, but. Considering the overall context.

Increased trading volume, yet the final price remains unchanged?

Is this an anomaly? It certainly is, and we should be more vigilant.

Here, sell orders were absorbed, ultimately leading to an unchanged closing price,

and at this critical position, the price did not swiftly exit this area but rather consolidated in this position.

Through analysis, we know there are many sell orders here, which have been fully absorbed by buy orders, indicating that buying power has become prominent.

Friends holding short positions should beware of being liquidated or stopped out, because if the selling power is strong, the price should naturally decline; I think this needs no further explanation!