The long-short ratio of $FIL makes the decline meaningless; it should be a trap to induce selling. It is estimated that it can drop to around 7.4 today. There are too many short positions above, and it is speculated that it will start to rise from early morning today, breaking through 9 or even 10 dollars before Tuesday, then retracing to around 8.2 to clear out the chasing long positions.