Main Rally|Oct 24, 2026 23:12
Five sharp price spikes followed by quick rebounds! The back-and-forth movement is sluggish! A 7-10 week consolidation is expected on the weekly chart!
The short-term trend remains downward, heading towards the 120-day moving average.
Market liquidity is currently poor. Without new funds entering the market, major players (exchange proprietary trading teams, small, unregulated exchanges, whales, top market makers, and top quantitative trading teams) can only resort to "sweeping up and down" to absorb retail investors' stop-loss orders. The trading volume generated by these sharp price spikes is the blood of retail investors.
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