This market data is fighting right in your face—spot large orders are net flowing out so obviously, yet people are still watching this to short? Even whale accounts’ long-to-short ratio is almost 3:1, and long positions make up 75% while they’re still adding. Tell me, is this what a falling setup looks like? On the spot order book, the aggressive buy orders directly crush the sell orders; the trade share has exceeded 80%. While leverage borrowings are doubling, the spot leverage long-to-short ratio is still expanding. Big accounts are accumulating, while small investors are running away. Do we still need to debate the direction?