This wave of price drops is aimed at clearing long orders, and the position is just right. A large number of long orders in the range of 57850-55700 have been cleared.
Next, it depends on whether the main force is tempted by the long orders in the range of 54400-53600.
In other words, if the price continues to fall, for the main force, whether it is cost-effective, profitable, and whether the profit is big enough.
So, whether this chart is useful or not, you have the final say~
