$PIPPIN open interest continues to expand, now ranking first in the market in terms of rise. During the US trading session, will it attract another wave of people? Unfortunately, it's very difficult.

Therefore, the slow rise in the涨幅 cannot be too much to allow retail investors holding多单 to escape (unless during a spike, where the escape happens quickly). Of course, there is no need to induce shorts with a downward trend; it only requires high-level fluctuations, high selling and low buying, to quantitatively harvest this wave of heat.
Took a look at my Holdings in short positions, ADL has moved forward again, further confirming that someone is opening short positions at high levels. Continue to maintain low leverage shorts and add to short positions with spikes.
Looking at Fibonacci again, 1.68 corresponds to 0.135, and 2.68 corresponds to 0.2. In simple terms, one blows up 3 times short, and the other blows up 2 times short.