If you ignore the news and just try to guess the intentions of the big players, actually, they've always wanted to liquidate the short positions above. I explained this very clearly in my video on April 12. https://www.(youtube.com)/watch?v=3oYgzA-3Ey4&t=295s However, there was some bad news in between, causing a sharp drop, and we all started to wonder if the trend had really ended. News can indeed impact short-term market movements, but the big players' intentions are hard to completely change. Their goal is to push the market to extremes both up and down to sweep liquidity.