This whale is skilled at swing trading, but the narrowing floating profit on short positions indicates shorts are retreating. Is ETH about to rebound?

ETH1.17%
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CoinNetwork
Coin World News: The floating profit on the ETH short position at address pension-USDT.ETH has narrowed to $3.35 million, with an increase of 12.32%. The average price of this address is $1,700.06, the current coin price is $1,632.99, the liquidation price is $2,168.93, and the position size is $81.65 million. This whale often profits through swing trading, with cumulative profits exceeding $20 million since October.
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