In order to clean up the long leverage, will it continue to drop?
However, I think if altcoins drop further, the 'dog traders' may have a harder time.
This reminds me of a term from playing League of Legends: 'blood exchange.'
It's like you hit me once, I hit you back once, and we see who feels more pain. If you don't yield, we keep exchanging until one side backs down.
If you're afraid of pain and don't dare to exchange blood with others, then others will keep pressing you and bullying you. But as long as you exchange once and let them know what pain feels like, they won't dare to mess with you casually anymore.
That's right, the blood exchange will definitely hurt, but the key is to make the other side hurt more. Only then will they be honest and willingly be suppressed by you.
The 'dog traders' exchanging blood with the bulls is to make those who open long positions feel pain, get scared, and not dare to open positions casually anymore.
As for me, exchanging blood with the 'dog traders,' when they crash down, I'm still willing to bottom fish, betting that there will be another wave of new market trends!