$ZEN , The positions have decreased over the past three days, mainly due to the liquidation from other exchanges. The rise is driven by the long positions, while the drop is due to the opening of short positions. This peak is also supported by the opening and closing of long positions from other exchanges. The net long positions on Binance have not changed much. Moreover, there have been no changes in the last few four-hour periods (if the data is correct). That raises some suspicions. Currently, this position is at the support level of the weekly chart on a larger time scale. The contracts are dominated by short positions, and the long positions are inactive, which suggests that the long positions should be looking at a further target rather than this recent fluctuation. The long-term view remains bullish. Don't short, as the retracement could be significant.