With the repeated deep market adjustments in the past month, both bullish and bearish traders have become more savvy.
Especially after falling below 62,000 points, short sellers almost stopped opening new positions. You can clearly see that in the area below 62,000 points, liquidation liquidity is in a large vacuum state, with only a few short liquidity points. At the same time, bulls are no longer actively buying the bottom, and long liquidity below the price has become scarce. Everyone seems to be wiser and seems to have reached a consensus: as long as you follow the direction of the majority to open medium and high multiple contracts, you will often face the fate of a liquidation or stop loss in the end.
Is this true wisdom or is it bound by market strategies? As the willingness to trade in the futures market gradually decreases, we should pay more attention to the data dynamics of the spot market.