I looked through the recent contract position data, and the changes in chips held by big players are quite interesting. Overall, the bullish sentiment is weakening, which is quite different from the previous upward trend expectations.

To be honest, there are many voices calling for a rise in the market now, but where is the specific logical support? From a data perspective alone, the signals on the contract side seem to be trending downward. A short-term rebound is indeed possible, but how long it can last is uncertain.

Rather than being driven by emotions, it's better to look at the market and position data ourselves. How this round of market will ultimately unfold still depends on real on-chain and exchange data to make the final call.