Is it really "this is just a short-term correction, and there will be a big drop later"?
That analyst said so, because he thinks that the long position holdings are far greater than the short position, so he thinks there will be a big drop.
If everyone thinks so, the decline last night was quite scary. This time it rose by 20%, many people must have sold it first to avoid further losses and staged high selling and low buying.
If most people think so and take profit or stop loss in the correction, then according to the iron rule that only a few people can make money, it will continue to rise.
So do you sell part of it or continue to hold it?