Another trapish tricky situation

I didn't trade this range cause the price action is saying that somehow the market is reaching a choppy zone with high liquidity. Well, this sounds really strange, but it is
bumping up and down in a small range of channel with high volume.

I need to do some research on this:

1. Trap or a Shake out?

2. Who did this? The confluence of indecisive or the most of the shorters think this is the entry and they jump in while longs think they can still go higher?

3. How to trade this?

4. Is there any characteristics in here that we can utilize?

Will keep this idea open and update.

Happy holiday, Merry Christmas in advance!

코멘트:

1. It is a shake out. But it's a passive shake out.
2. The whales trying to take advantage of the liquidity.
3. short every bounces in this range.
4. The characteristics is that: Constantly small buying orders flowing in but non of them can make a higher high and everytime when it reach somewhere a huge selling volume exist.

This is a very classical wyckoff phase