Let's talk about the data perspective of $NEIRO . The neiro article is relatively long. Looking at the data, the main contract has been increasing its holdings, with the contract open interest up by 50% compared to a week ago. This pressure from selling and buying is quite evident. On a larger scale, both long and short positions have increased (there are certain reasons at a larger scale for data distortion, as the main orders may show negative numbers due to being absorbed, but overall, the sustained growth of the main contract positions indicates a strong willingness from the main players for future upward movement—at least they are not ignoring this market). Moreover, the increase in long positions in smaller contracts is quite obvious.

But why hasn't the price increased? We can see in the red box at the top of the chart that the main spot has been continuously flowing out to depress prices. There are no signs of a short-term rally yet, and the bottom short positions may not have been fully exchanged. The main players might continue to push the price down further before closing the remaining short positions. From the data, it is clear that the main players are gradually increasing their long positions during this selling process. Therefore, what we are saying is a washout. Of course, we also do not know when the main players will close their short positions and open large long positions to directly push up the price.

So, neiro suggests: do not play contracts with small amounts, gradually enter the long-term spot market in batches, and do not go all-in at this position. There’s a high probability that it will continue to wash out. We just cannot determine how long the main players will continue washing, so to avoid missing out, it’s advisable to gradually enter the spot market, because the main players clearly have an intention to absorb contracts, so you can slowly enter the spot market every time there is a price drop. Definitely do not engage in contracts, as the main players might wash you out. The real lifting of the small amount happens in an instant, and only the spot market can benefit from it.