Several seemingly inconspicuous but very useful details for bullish reversals
1. When obvious bad news appears in the market (such as tightening regulations, macro data falling short of expectations, major institutions facing crises, etc.),
the price only drops symbolically for a moment and then quickly recovers.
This indicates that the short selling power in the market has been exhausted, those who needed to cut losses have done so, and the remaining holders are all die-hard bulls who will not sell regardless of any bad news.
2. The quiet rise in OTC premium rates; seasoned investors know that if the price of U suddenly rises but the market remains unchanged, it indicates that more money is coming in than going out, and the buying power is getting stronger.
3. The soaring sentiment caused by the sudden outbreak of junk assets or memes
One characteristic before a bullish reversal is the arrogance and caution of capital; once there is a missed opportunity, retail investors will collectively turn their attention to those high-volatility assets that have not significantly risen yet.
4. The change in the direction of price spikes on exchanges
In a bear market, most market trends are upward spikes that trap bulls, but before a bullish reversal, candlestick patterns often show frequent downward spikes targeting bull leverage, and this occurs without any negative events.
