Looking at the trend of $H today, it's clear this is a typical bait-and-switch. In the morning, there was a surge that attracted a large number of retail investors to FOMO buy in, and then it was immediately dumped. We've seen this pattern many times before.

The most critical factor is the trading volume data—during the morning surge, the trading volume was only $78K, while now, as it has dropped, the trading volume is increasing.

What does this indicate? It indicates that the big players were selling during the morning surge, and now retail investors are panic-selling. The 1-hour chart shows -1.92%, the 4-hour shows -1.1%, and these are all negative numbers.

The only positive number is +4.36% over 24 hours, but that's due to yesterday's increase. Today's actual trend is a rise followed by a drop, ultimately still a decline. This is a sign of distribution.