It is still the big funds that know how to play. The futures market rose rapidly, breaking through the high point on the left, triggering a large number of short stop loss liquidation, and at the same time attracting long right traders to enter the market. The short position liquidation and the long position chasing long position together became the liquidity of their long position liquidation opponents;
So a few hours later, the long positions pulled by the big funds completed the liquidation and profit-taking, and successfully raised the spot price to a higher level without paying the cost of pulling the market.
Then the shorts can only pay for the pull...
So, in the volatile market, the real longs are those who hold high multiples of short positions, and the real shorts are also those who hold high multiples of long positions.
