To be honest, this trend is already obvious enough: how疯狂 it surged three days ago, how惨 it’s falling now—like a pack of wolves. Four-hour charts: bearish candles one after another sliding downward. The one-hour chart is even worse: 5 of the 6 candles closed bearish. Across multiple timeframes, everything is plunging downward in unison. Do you call this a “shakeout”? No—this is the collective exit of the bulls. In a single day, open interest shrank by more than 10%. The leveraged positions are scrambling for the exit. Those people who were buying at the high are now running out of even the courage to pretend they’re fine. Don’t use the seven-day gains as confidence—those are inertia, not momentum.