Short-term market conditions will certainly experience severe fluctuations, so during this period, contract players need to be cautious, and it is quite normal to see both long and short positions being liquidated.
The evolution of the bull and bear cycle, which occurs once every four years, is a rule; everything has its own operational laws, and the financial market is no exception. The current time node is a bull market, so there is no need to worry about whether the bull market is still present.
The focus should be on whether you can make money in this bull market.