Ye.koi：
$BTC 16H K-line chart. In the entire range, there are 6 waves of a pump and 7 waves of a dump.
The pump phase totals 36K, with a trading volume of 127.9, and an average range of 5–7%. The dump phase totals 19K, with a trading volume of 88.75K, and an average range of 3–4%.
The whole range can be divided into two parts. July 21, the peak, is the dividing line—the main part is the right-side segment. In this earlier period, the selloff on the left had no volume, and the amplitude was basically around 4.6%.
The final rally/pump segment took 11 K-lines and 33.18K in volume. Judging by the rally efficiency, it is much lower than the left-side segment. Supply in the 62–65 range is still very heavy. But in the last segment of the decline, the right segment has the largest volume and the most K-lines, and the dump efficiency is also very low. The price action in the 62000–65000 range is essentially churn/turnover: from August to now there have been 15 K-lines and 46K in volume—the largest turnover/churn range since July, with the volatility amplitude compressed to a very small degree.
The last K-line is the biggest volume of August, but the price doesn’t produce the corresponding result. Throughout the whole range, it does not break 62000, so it remains bullish. Once it breaks 62000, then watch for a period of sideways-to-down movement, followed by another rise.
Combining the local state of $SOL $ETH , it also shows local HL conditions—local supply amplification—but without producing the corresponding outcome. Overall it remains bullish. Only when the real body K-lines completely break through, and after the LL state appears, can this dense churn segment prove that supply is dominant and has achieved results—then you should exit, and wait to go long at lower levels.
$BTC 16H K-line chart. In the entire range, there are 6 waves of a pump and 7 waves of a dump.
The pump phase totals 36K, with a trading volume of 127.9, and an average range of 5–7%. The dump phase totals 19K, with a trading volume of 88.75K, and an average range of 3–4%.
The whole range can be divided into two parts. July 21, the peak, is the dividing line—the main part is the right-side segment. In this earlier period, the selloff on the left had no volume, and the amplitude was basically around 4.6%.
The final rally/pump segment took 11 K-lines and 33.18K in volume. Judging by the rally efficiency, it is much lower than the left-side segment. Supply in the 62–65 range is still very heavy. But in the last segment of the decline, the right segment has the largest volume and the most K-lines, and the dump efficiency is also very low. The price action in the 62000–65000 range is essentially churn/turnover: from August to now there have been 15 K-lines and 46K in volume—the largest turnover/churn range since July, with the volatility amplitude compressed to a very small degree.
The last K-line is the biggest volume of August, but the price doesn’t produce the corresponding result. Throughout the whole range, it does not break 62000, so it remains bullish. Once it breaks 62000, then watch for a period of sideways-to-down movement, followed by another rise.
Combining the local state of $SOL $ETH , it also shows local HL conditions—local supply amplification—but without producing the corresponding outcome. Overall it remains bullish. Only when the real body K-lines completely break through, and after the LL state appears, can this dense churn segment prove that supply is dominant and has achieved results—then you should exit, and wait to go long at lower levels.