medium · Volume Profile Analysis profile-shapes

In a crypto session (BTC/USD), the Volume Profile shows a 'b-profile' shape.

How should this be classified and what is the sentiment?

  1. Bullish; it is a 'P-profile' showing classic short-covering initiation.
  2. Neutral; the market is in a balanced, symmetrical D-shape state right now.
  3. Bullish; buyers accumulated at the bottom and are now preparing for an upside breakout.
  4. Bearish; aggressive sellers were found at the top, and price settled at lower levels.

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