In the past 24 hours, the contract market has exploded by $383 million, with short positions making up the majority. This data itself indicates one thing: during yesterday's volatility, those who were short couldn't hold on anymore. The liquidation amounts for $BTC and $ETH are also significant, showing that the fluctuations of mainstream coins are still amplifying. For $BTC , the short-term sentiment leans towards the bulls, but this kind of market won't be too calm; it moves quickly up and also pulls back quickly.