Yesterday, bulls suffered a heavy blow, with long positions reaching 544 million and short positions reaching 281 million. Due to the over-intensive long positions, a large number of long positions were liquidated. However, this correction is beneficial to the later rise of the market.
The current market has formed a double top structure at the 1-hour level, and it is expected that there will be a downward adjustment trend in the future. Investors holding long orders need to pay attention to risks.
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