The most dangerous moment in the market is often not when a sharp decline occurs, but when you fail to notice that the big players have already started to withdraw.

Before the main force completely exits, they usually leave two obvious signs. Mastering these two points can help you avoid many pitfalls.

**First Signal: High-level Volatility and Abnormal Trading Volume**

Main players cannot sell all their chips at once, so they first create a rally to attract followers. Then, there is repeated tugging at high levels—sometimes soaring, sometimes plunging—like "shaking out" the market, but in reality, they are distributing. After this routine repeats several times, the market becomes numb. Retail investors think it's just a normal adjustment, but in fact, they end up as the last bagholders.

**Second Signal: The Stronger, the More Dangerous**

The strange part is—main players are clearly offloading, so why does the market still look so strong? Because to ensure a smooth process, they need to maintain market enthusiasm. So you'll see continuous new highs and rebounds, but this "strength" is illusory, a "smoke screen" used to cover their selling.

From a technical perspective, this manifests as a bearish divergence—price makes new highs, but trading volume and momentum indicators decline. Divergence, simply put, is a sign left by the big players controlling the market at high levels while offloading.

The real risk is often hidden in the market's most frantic moments. It's not about precisely timing the top, but understanding that the final move often happens when everyone is most excited.