This price action has already slapped me in the face so many times that I can’t even be bothered to count it. From the high level, prices have been drifting downward step by step. In the past four hours, the shorts have smashed down four bearish candles in a row. The net drawdown has reached over 10%. Any rebound is just handing out tissues to trapped positions. Open interest is still shrinking—it's not that the longs aren’t resisting; they simply don’t have the strength left to keep holding on. The buy-side is as thin as a beach after the tide goes out. One big order goes straight through without any cushion, with no one willing to take the trade. With this kind of trend, why hesitate? Wait to see the next low point.