It's a bit more complicated than that.

As the distribution progresses on, columns of X's and O's (using Point and Figure) show the trend, price ranges and reversals. Think of it as though you are coiling a spring and storing all that potential energy of buyers wanting their investment to moon. In an ideal Wyckoff Distribution Scenario, the price stays contained within the trading range (in this case between $10,060 and $8,120) and the buying pressure remains constant so there is no price slippage for large bagholders looking to unload their bags. However, much like a spring that jumps a bit prematurely as it's being coiled, you can get tests which break through the lower end of the range (Sign of Weakness in a distribution scenario) or upward thrusts which break above the range. Both are used as shakeouts and tests during this phase.

Once the distribution phase is coming to an end and the institutional/moneyed holders have sold off most of their supply, the buying pressure will fall significantly. All the investor frustration wanting the price to moon causes them to buy less and the buyers are looking to GTFO since their investment isn't panning out as expected. That's when you see price collapse in a massive selloff as the potential energy and frustration drive the price down hard. We are not even there yet.

My expectation is we should absolutely test the bottom end of the range with a possible Sign of Weakness test, and I expect we will test the upper end of the range at least once more before we get to the end of the distribution phase with price collapse to a new (hopefully higher) low. Between here an there, many opportunities to swing trade will present themselves to make money on both short and long scalp trades.