The peak of this short position wave is -2B. Last week, almost every wave reached around -2B, and the long liquidations have also finished a round (Figure 1). There are still some spot and contract orders around 86k. Short-term support (Figure 2). Currently, shorts are still chasing and entering positions here. If it can hold here, trapping the newly entered shorts could temporarily stop the decline and cause a rebound (Figure 4). If a rebound occurs, the pressure on the longs being trapped above is between 87.7k and 88.8k, with two waves.