PUMP This board is basically a pumping machine—within a day, the position size is cut by more than 10%, and the price is stuck near the three-day lows, so low you can’t even catch your breath. Is this called a “washout”? This is an all-out retreat. Contract traders cast votes with their feet and dumped all their positions; even if the long-vs-short ratio looks pretty, it’s still fake—any rebound without volume and follow-through is a trap the main force sets for you. In large players’ accounts, the proportion of longs is still less than half; in seven hours they’re still cutting positions—smart money has already run off, and you’re still acting dead in there? This kind of sluggish, creeping decline isn’t an opportunity; it’s a meat grinder.