Can $KITE continue to short?

Some people say the trading event has started, it will drop and then surge 🤔

The contract $BTC has suffered huge losses (¯―¯٥), trying to recover some with $KITE

At that time, I shorted for hedging, but at a closing price of 0.118, I didn’t dare to add positions, and I got liquidated. Just now I saw it was almost at the highest point when I closed, 666