Blue Zhuang's position $RAVE has been selling off continuously over the past two days, accompanied by some long positions entering the market. The four circles in Chart 2 all indicate active deleveraging, with closing longs and selling ( at market price causing a sharp drop in price. Zhuang is playing the story of the boy who cried wolf, until the wave really hits. Because the goods are constantly being sold, and don’t think Zhuang wants to sell all the inventory. As long as the opposing side is enough, and they don’t squeeze the shorts, everyone’s long positions are the main force’s opposing trades to close longs.

On the liquidation side, not a single one over 100k+; it shows that the major participants are still very few.

At this stage, I won’t participate anymore. I am using short-term strategies activated within 5-10 minutes of market depth, and I won’t hold positions long. Everyone should be cautious of the risks.