Those who shorted Bitcoin at the low points of 90,000, 95,000, and 96,000 have disappeared. I estimate that there are still many people holding short positions. If the positions are well-managed, they should be able to break even later; it just depends on how Bitcoin will liquidate the longs.
If it doesn't drop now, it means there are still many short positions stuck without cutting losses. When the last shorts choose to give up resistance, Bitcoin should plunge without looking back. However, it's not a problem to make a rebound during the correction, as long as your liquidation price for the long positions is below 80,000, you don't have to fear the annual momentary drop of 10,000. #BTC