Keep in mind that you might get burned - you are betting against many with better information.
But that was the biggest rally in a very long time, 3% on broad indices, only to erase all gains and continue lower
Somebody created exit liquidity
Any theory or hypothesis that has zero criteria for being proven wrong is not science and has no place being repeated at all
So you’re not wrong about it not contradicting, because nothing does since its a bullshit saying masquarading as a hypothesis, there’s just no point in leaning on it