Currently, the market's short position reaches 450 million USD, with strong bearish sentiment. The opening prices for shorts in Bitcoin and Ethereum are 106,760.3 USD and 2,612.99 USD, respectively.

A large number of short positions hide the risk of price reversal. Once the market breaks upward, short covering may trigger a price surge, increasing market volatility. Traders need to closely monitor reversal signals on the chart, and if shorting, be sure to set stop losses and respond flexibly to changing market conditions.