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Fees are negative, with net longs entering the market, and the long-short ratio is low, so there's a high probability that it will continue to rise and further drain liquidity from short positions...
Fees have already become too negative, and the entire market is overly short.
Shorts are only taken after draining liquidity.
Not based on subjective beliefs that it will definitely fall or definitely rise...
It's about observing the data...
#BTC
The daily downward trend line is approximately at 74K, resonating with previous horizontal resistance levels.
Therefore, monitoring around 73,900-74,700 for the past three days, any breakout followed by a pullback is a good opportunity to short. Even if it pulls back to stop out, a subsequent decline still justifies shorting!
Remember, only short after a breakout and pullback...