Seeing "No Large Orders Dumping" might make you breathe a sigh of relief, but it doesn't actually mean selling pressure has disappeared; it has just changed form.

The underlying game logic is quite interesting. Let's look from the bearish perspective:

**The bears have already offloaded, leaving retail investors to "kill more to buy more"**

Those institutional and main force shorts may have already completed large-scale selling in the early stages. Now, the remaining sell orders are mainly scattered retail investors gradually selling off, with no organization. Individual sell orders are not very large, so they can't form a big single order that crashes down with a "bang." But the problem is, this "gradual decline" pressure still exists—it’s just less obvious.

**Alternatively, the main force shorts haven't left at all, just "locking positions" and waiting**

Another possibility: the big shorts are still here, but they have chosen to "pause" at the limit-down price. It's not that they lack the strength to push down, but they feel there's no need to continue consuming chips to suppress. They are observing—waiting for the market to find a bottom on its own, and see if there are really buyers willing to step in later. This "holding steady" itself is a form of pressure.

**What about the bulls? They also have their difficulties.**

One scenario is—nobody thinks the current price is worth pouring big money into. Or everyone is watching the trend, waiting for clearer signals before acting. This shows the least confidence.

Another scenario is that some have tried small buy orders to test the waters, hoping to trigger a rebound. But they found the selling pressure above is still heavy, and even a slight lift triggers new selling pressure. So they give up and switch to watching. This actually proves that the bearish camp remains quite solid.

To sum up: "No large orders dumping" is not a good sign; it precisely indicates that the market is stuck in a "deadlock without guidance"—the bulls can't find reasons to enter, and the bears don't need to keep pushing down. When this stalemate will break depends on who makes a significant move first.