Looking at the pattern, it really doesn't seem like a top here. There are indeed a lot of short positions hanging. Previously, I thought it should pull back to 11.3-11.4, but I didn't expect it to drop early.

Let me say here, many people were extremely panicked this morning.

It is unlikely to drop significantly from here. The market is making an effort to pull it up. They can't let you all know about the bad news and then run away. This level of 110,000 is definitely going to be reached. The copycats will also rise for a wave. Only then will the real major correction begin. #币安Alpha项目公布