Understanding this chart means understanding the current situation. The number of short positions is rapidly increasing compared to long positions, while the corresponding open interest is changing in the opposite direction. This indicates that the main long players are continuously adding to their positions with floating profits, leading to a rapid increase in open interest. Most short players choose to close their positions or are forcibly liquidated, resulting in a decrease in open interest. The long positions driving the price up force the shorts to cover, further pushing the price up and creating a short squeeze. As long as there are continuously new shorts joining, the longs can keep snowballing and hunt down the shorts #BTC重返10万 $BTC .