$PEOPLE people The current market structure on the four-hour chart is at a bottom, while the open interest for the 48-hour and 24-hour contracts has basically not changed. However, the main 24-hour contract has a net inflow of 1200W (a positive number represents closing shorts or building longs, while a negative number represents closing longs or building shorts), indicating that most of this involves the main players closing short positions while building a small amount of long positions, but the long positions are very few.

Therefore, a comprehensive analysis of this position suggests that the main players have limited space to continue pushing down, as they have begun to slowly close shorts for profit. This means that when they significantly close their shorts later, there will be a considerable price increase (because their short position is too large), while simultaneously squeezing out those who are chasing the shorts. However, this kind of upward movement is difficult to sustain, as the main players do not hold many long positions to push prices higher or make much profit. They are not raising prices to allow long positions to profit but rather to close shorts for profit, so after pushing prices up, they cannot be followed closely as it may turn around at any time.

The advice for this coin is that both long and short positions should be avoided... There is no need to bet on when the main players will close their shorts and push the price up, as they don't hold many long positions. Similarly, going short is risky as you never know when they might suddenly reverse the trend.