When the price experiences a pullback again, I see many bears starting to get excited, but I don't see the bulls rebutting; this indicates that the current positions of the bulls are actually not many, so there will not be substantial conflicts. The bears, having been short for a long time and getting stopped out, become exceptionally excited when they see hope coming. This market sentiment is not very favorable for the bears because it can induce some liquidity to chase shorts at low levels, thereby gradually increasing the liquidity of the bears at high levels. If the price cannot break down in one fell swoop to form a new breakout trend, then with the price rebound, the upward momentum will actually strengthen gradually.