You can treat this sell-off after the rise as a warm-up exercise before the main bull market wave. For the main forces, the risk is high and the profit-taking is plenty 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 is afraid to go long. Only after heavily damaging the bulls can the main bull market wave be completed in a short and fast time.