Long and short ratio in the last 24 hours: 0.7 Long position percentage: 41.29% Short position percentage: 58.71%
Market short sellers are still unwilling to give up, wildly piling up short positions whenever there is a peak.
The largest situation in the futures market is causing the market to keep falling, with short positions being liquidated wave after wave.
Institutions in this wave are buying spot and making a lot of profit, retail investors are just getting a taste, while large traders are being beaten down while shorting.