Still using this drop to scare off the shorts—$MOODENG , this round is going to be another wasted effort. Yes, it’s down by nearly 10%, and positions have shrunk as well. But on the contracts’ order book, the proactive buy orders account for almost 80%; the buy-sell ratio has been pushed to nearly four times. The further it goes down, the more people are rushing to get in. This kind of move doesn’t look like retail. The number of large-holder accounts is down by a tenth, yet the long positions are still being topped up. The long-to-short ratio is nearly 2:1, and the chips are all concentrating into bigger hands. The fee rate hasn’t turned negative—so I don’t buy any of the shorts’ talking points. Treating small traders like a blood bag to be washed out of the market, then turning back—sure, but it won’t be at this price anymore.