Waiting for a liquidation, this round may break new highs. In fact, there isn't much profit left in shorting; the only explanation is that all those long positions below are held by institutions and large players. They have long prepared their script, slowly enticing shorts. The long-to-short ratio for $BTC is 0.42, while retail investors are desperately shorting. How could it possibly drop? But this is fine; everyone is shorting at eleven million and twelve million, so hold steady and stabilize the price of $BTC at eleven million.