Today the rise is very strong! The number of short sellers has been increasing dramatically, and the market is clearly favoring the easier side. Continuously pushing up against short positions is obviously the best choice. Those who get liquidated have a trading habit of trying to catch the top by shorting. Today, when it broke to 98,000, they thought it was the top, and at 99,000 they believed it wouldn't rise anymore, so they increased their positions. When it rose to 100,000, they felt safe and continued to add to their positions, but then it kept rising. As their inner turmoil grew, they began to worry about liquidation. If they closed their positions, it might drop immediately; if they didn't close, it might keep rising and lead to liquidation, and they struggled in this dilemma.
During a sharp drop, they try to catch the bottom. On the first day, they managed to get some rebound, but on the second day, it started to drop sharply again and they added positions, getting stuck. On the third day, it dropped again, and in this kind of fluctuation, it kept falling. One day, there was a big spike that broke out, and then it quickly rebounded.
Loving to catch the top and the bottom while going against the trend is just increasing risk.
Of course, if they guessed right, there would be a wave of profits.
Trading itself is difficult to grasp; one can only save themselves. No matter how you choose, control the risk well, and don't let yourself fall into the abyss of pain (actually, I have already shorted... The experiences of liquidation over the years have been overwhelming; I'm not afraid of liquidation, but I'm afraid that if it happens, I won't have the ability to recover).