Did this plate hit someone in the face? When the on-chain leverage long/short ratio was insanely high, nobody said a word. Now, after loosening the reins from an extreme high, suddenly people start crying and wailing as if the main force has fled—what’s wrong with them? The contract’s active buying and selling power is still holding up; on the order book, the buy-side wall is thick enough to stop a blade. The contract open interest is marked across the four quadrants showing the longs are dominant—this is called a shakeout, not a retreat. Squeeze the leverage bubble a bit so the car can run smoothly. Once retail has fully spit out the blood-stained coins, the main force hits the gas pedal again—while the shorts haven’t even fastened their seatbelts.