$HUMA huma24-hour contract positions decreased by 20%, but the main contract still saw a net inflow, indicating that this rebound is primarily from closing short positions. After the main contract pushed prices down, there were no new long positions added, suggesting a weak desire to continue pushing prices up, so it is definitely not advisable to chase longs. However, the possibility of the main contract aiming to force shorts is still relatively high.

The bottom positions over the past 48 hours are mainly composed of a large number of long positions, so it is highly likely that the main contract will experience back-and-forth fluctuations, or aim to force retail shorts, gradually closing out some of the remaining long position base. Therefore, the most prudent strategy is to wait for the short-squeeze rally and then gradually enter short positions in batches. This way, even if it goes wrong, the stop-loss will be shallow, and the overall risk-reward ratio and win rate will be relatively good.