Crashing headfirst from a high point, with the position size shrinking by more than 40%—this isn’t a shakeout; it’s a leveraged dump where everyone collectively flees, and the free fall hasn’t bottomed out yet. Spot saw net outflows in the billions over three hours, and all twelve K-lines are negative. Who’s unloading the goods doesn’t need me to spell it out, right? The price is still inflated above the moving average—that’s just the lingering shadow after a plunge, not support. The market action is suffocating; the bears watch the bulls struggle—whatever distance they can hold to is all they’ll manage.