Concept and some logic : If we see a suddend increase in volume of eg 26k btc this types of volumes is consider as market maker are buy/sell at the positions which cause a long wick formation. this wick is mainly for liquidation of retail trader position forcefully .
BTCUSDTPERP Price action drawing with combination of volume analysis , multiple wick touching points and trend momentum shown with curve green line . circle denotes volume comparison with price . i used a up/down volume indicator so easy to mark the volume that is buy/sell by market maker and a curve drawing tool parallel channel for creating a price zone and trend momentum line