$BOME The goods are quite good but the long to short ratio is currently 2376% and is increasing, meaning there is 1 person short for every 24 people long. This shows the excessive optimism of future traders.
With such a high long ratio, exchanges usually suppress the price to liquidate all the long holders.
In my opinion, the price will rise quickly after a few downward sweeps, I am holding spot so I am not too worried.