Retail investors increased their short positions by $BTC against the trend. The market sentiment was panic, and the main funds continued to raise prices, trying to lure retail investors to follow suit and do more. However, when retail investors were afraid to chase more because they were worried about being "buried" by chasing high prices, the main funds could not complete the harvest. This formed a delicate balance: if retail investors' sentiment did not turn to long positions, the main forces might continue to push up prices, or even force out short positions, forming a "short squeeze" market. However, the sentiment is not in place at present, so the best strategy is to wait and see, and consider entering the market when the market's long sentiment is obviously restored. At the same time, pay attention to the key pressure level of 61800. If it can break through, we will see the change in sentiment. The change in sentiment may form a long trap.