Look at this peak. There was a red candle stick with high volatility after a run up. This suggests the beginning of market uncertainty. The following candle stick was red, indicating a trend downwards.
After large falls, people tend to buy to test out if they found a good position.
Then after that hour, the “fight back” was not as strong as the fall…
so people became uncertain and dropped.
but then, the next drop is not as much, giving people confidence,
and another attempt at a bull run!