Looking back at the points mentioned the day before yesterday regarding the data market not supporting short positions, how are things now:

1: The funding rates for Bitcoin and Ethereum have finally returned to a normal level of 0.01, indicating that bearish sentiment has finally weakened, and most short positions are either trapped or in the stop-loss liquidation stage;

2: The premium on Big B Exchange has weakened a bit, but it is still at a relatively high positive premium level;

3: The funds for the Bitcoin ETF have not yet entered the hedging period;