Short? This is not a bear market, with high risks and low returns; do you want to go long? There is obviously no chance and the value of participation is too low.

what to do?

Frankly speaking, there is really no other way but to wait.

In fact, there is no point in predicting the top or bottom, or guessing when and what point the adjustment will be. That is not what retail investors worry about. The main players can just toss it, wait until the opportunity comes out, and then go in and get a vote, that's it...