Looking at the recent 15-minute chart, the probability of a short-term downward break is actually not very high. The key point is that unless the price falls below the 87,000 level, the profit margin in futures trading remains quite limited.

Conversely, if the bulls can hold and continue pushing higher, traders who shorted at low levels with high leverage will have to endure losses. Such forced liquidations often trigger chain reactions, sweeping out a large number of short positions.

The market logic is clear: the capital side needs to first absorb these trapped short positions and complete this round of harvesting before they have the motivation to push the market down. If the market drops directly, the returns and efficiency won't be optimal. Therefore, in the short term, it’s better to continue to dampen bullish and bearish sentiment, encouraging more people to take positions. Once the clearing is sufficient, subsequent actions will be more forceful.