$1000PEPE Now that all the long positions have been liquidated, there is not much money left. Either the market will go sideways to accumulate the positions, or it will go up in the opposite direction. Now it is difficult to open short positions because there are not so many people who can lose money.
The high-multiple long positions at $PEPE 10 have been liquidated. The market must be reversed. The short positions have no counterparties. If they continue to short, the short positions will enter the forced liquidation sequence and be forced to liquidate...