A few days ago, there was a large outflow of liquidity, with contract positions dropping from 200 million directly to the current 25 million. From the data, although it has been consolidating at the bottom for a while, there are no signs of increasing long positions; instead, it continues to slowly drain out.

There is no need to participate in this coin that is withdrawing its funds. The overall trend of this coin is slowly heading downward. Even if there is a rally, it will be a long, long time away. A new major player would need to come back to take over, but they definitely won't be taking over now; there are too many altcoins right now. It’s really unnecessary to bet that there will be funds taking over this coin in the future. Making a long position for a small rebound is still worrying, and even if you short, there’s not much profit at this level due to the risk of a pullback.

In summary, although it sounds like nonsense, just avoid these altcoins that currently have little liquidity. Participating now, regardless of going long or short, will likely result in a loss 90% of the time.