Do the trapped siblings really not look at the data?
First, the liquidity heat map clearly shows behavior of liquidating short positions.
Second, the negative fee of perpetual contracts indicates that the market maker holds a large number of short positions.
Third, after the spot market rises, there is a significant drop in volume. You say that a low-volume pullback can still consider positioning long positions, but after a significant drop in volume, it's clear that the main force's behavior is that the liquidation liquidity is being transmitted downwards.
