BIFI looks technically quite promising, with bullish engulfing patterns, moving average bullish alignment, and various indicators all shouting "Go, go, go." But upon closer inspection, the trading volume is truly miserable. It's like someone who only talks but doesn't practice, with excellent verbal skills but zero action.
In this situation, retail investors are most easily cut: chasing highs and getting trapped at 350, trying to bottom fish and getting buried at 330. What really makes people anxious is this: the trading volume has shrunk to this extent. What does it mean? It indicates that big funds are all on the sidelines, unwilling to put real money in. The fact that the price is below VWAP is even worse, meaning the current price is even lower than the average cost. My judgment is simple: the market manipulators are shaking out the weak hands. They deliberately create this situation where the price can't go up or down, causing retail investors to hand over their chips in anxiety.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
EagleEye
· 5h ago
Thanks for explaining the market structure so clearly
BIFI looks technically quite promising, with bullish engulfing patterns, moving average bullish alignment, and various indicators all shouting "Go, go, go." But upon closer inspection, the trading volume is truly miserable. It's like someone who only talks but doesn't practice, with excellent verbal skills but zero action.
In this situation, retail investors are most easily cut: chasing highs and getting trapped at 350, trying to bottom fish and getting buried at 330.
What really makes people anxious is this: the trading volume has shrunk to this extent. What does it mean? It indicates that big funds are all on the sidelines, unwilling to put real money in. The fact that the price is below VWAP is even worse, meaning the current price is even lower than the average cost.
My judgment is simple: the market manipulators are shaking out the weak hands. They deliberately create this situation where the price can't go up or down, causing retail investors to hand over their chips in anxiety.