Why are bearish traders dumping?

Because bearish traders can make money.
bearish traders have not been able to open short positions recently.
Why? Because the long positions have been cleared out.
The higher the price, the scarcer the bearish traders on the opposite side.
It's easy to trigger all 5 lights to be on.
So the bearish traders with no profit will be very weak recently.
This is the underlying logic of bold bottom-fishing in the spot market.
The deeper the contracts are, the greater the deviation, and the cleanest liquidation of the long positions in the altcoins.
This is buying a knockoff instead of the underlying logic of Ethereum.
Next time, bearish traders will manifest in the form of bottom-fishing spot arbitrage selling.
The decline will be more severe, which is the underlying logic of directly buying spot without opening contracts.
As for when the arbitrage will start dumping.
To accumulate enough long positions
Spot buying at the bottom requires sufficient profit to justify a once-in-a-decade opportunity.
The technical correction has reached a reasonable state.
Another explosive news
It's another waterfall.
It’s still early, so please take your time to enjoy the joy of super bottom fishing profits.
Wrap up