You can see this sell-off after the recent rally as a warm-up exercise before the main upward wave. For the main force, the risk is high and profits are plentiful when the bull market's main wave rises.
This position has already been sold off 2-3 times, until the long positions are lightened and everyone dares not to go long. After severely damaging the bulls, the main upward wave of the bull market can be completed in a short and quick time.