In simple terms, during the early stage of a bear market, many people still operate from a bullish perspective, so they can sell off almost without hesitation. Now, in the mid-stage of the bear market, most voices consider it to be a bear market as well, and they are also shorting to see the lows. Therefore, the market must create a false breakout of a new bull market phenomenon, keeping their liquidation points above 4000 to effectively prevent this.
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In simple terms, during the early stage of a bear market, many people still operate from a bullish perspective, so they can sell off almost without hesitation. Now, in the mid-stage of the bear market, most voices consider it to be a bear market as well, and they are also shorting to see the lows. Therefore, the market must create a false breakout of a new bull market phenomenon, keeping their liquidation points above 4000 to effectively prevent this.