The short liquidity has officially been completely liquidated!
In other words, the short liquidation liquidity above, as long as it is given some time, will gradually gather again! In the short term, it only needs to go through a period of oscillation and correction to attract more and more shorts to enter the market.
The current issue is that funding rates have risen across the board, and most futures trading pairs' rates have returned to 0.01%. This indicates that in the past two months, the shorts with an obviously high average leverage have already stopped loss and faced liquidation in this rapid market surge.