#加密市场回调 This wave of market conditions is quite interesting, and the market sentiment is extremely pessimistic.

Recently, I noticed a quite interesting phenomenon: the long and short position ratio of $ALCH has become severely imbalanced. The short position accounts for nearly 72%, while the long position is a pitiful 28%, not even reaching a third. I looked through the contract data, and there are indeed a lot of people shorting; the bearish sentiment is almost one-sided.

How did this situation come about? It is mainly because the price has just broken through the previous high of around 0.2371, and many people think "new high means peak" and feel that a correction is due. This is indeed the mainstream voice in the market, and it looks quite intimidating on the candlestick chart.

But my view is exactly the opposite - when everyone is on the same side, it often signals a reversal. A pullback at this position is a normal technical adjustment, but there is still plenty of room to go. Based on the current price structure and trading volume performance, I personally believe we can at least see the 0.25 level. It could happen within the next couple of days; once market sentiment reverses, a short squeeze will drive prices up quickly.

Of course, this is just a personal observation and does not constitute investment advice. However, the most profitable opportunities in the market often lie in this kind of "everyone is bearish, but you see a turning point" expectation gap.