$WLD

The current issue is that the data and the K-line trends are in contradiction. Analyzing from the data, most people are bullish and holding long positions, but the price is just not rising and is dropping sharply instead.

If these bulls could push the price up, it would be one thing, but if the price continues to follow this downward trend line, then these bulls holding long positions will turn into waiting bombs ready to explode.

If the price continues to decline, the bulls will lose confidence and close their long positions, leading to selling pressure. The more bulls there were before, the greater the impact on the price will be.