This wave of short selling is actually very diligent, but unfortunately lacks chips, and those who missed out are afraid to chase, leading to a concentrated short-selling sentiment that is very serious. There is always a contradiction in the market, a contradiction in liquidity fundamentals. The spot market is like this, so the final battle takes place in the futures market. The futures market also won't have enough counterparties for the time being, making it hard to come down in the short term. As we mentioned before, the market is not short of money; what it lacks is a positive stimulus after a rise to get retail investors to take over. So tell me, when will the good news come out, and have you jumped in? These are the keys. Subjectively, a rapid rise and slow decline is a reflection of concentrated chips. You can choose not to chase highs, just don't short;

Subjectively, I believe this wave of market should indeed enter an adjustment phase. There is no risk-reward ratio for whatever you do now, except for BTC’s reluctance to sell logic combined with the large cycle continuing to look bullish. Everything else is regarded as garbage, including ETH. If you can't help but FOMO chase BTC, there’s still hope after being trapped, but BTC’s indicators have also deviated too much. Consolidation can be divided into sideways and pullback. If BTC can consolidate, whether this wave can go up still depends on June.