Let's put the words here: Now go long on $RAVE contracts, the risk outweighs the opportunity.

First, the price structure has already weakened. The highs are no longer making new highs, while the lows are continuously moving lower, which is a typical downtrend signal. Going long is easily repeatedly harvested.
Second, the contract market sentiment is overheated. The previous rally attracted a large number of high-leverage long positions. Once a correction occurs, long traders get squeezed out and close their positions, accelerating the decline.
Third, trading volume is beginning to shrink. Without new funds entering the market, the rebound looks more like a "panic escape window" rather than the start of a new upward trend.
Fourth, the market manipulators prefer to shake out longs. The current oscillation with a weak trend essentially drains long traders' confidence, gradually forcing leverage funds out.
One sentence summary:
The trend is no longer there, longs should not stubbornly hold; in this market condition, follow the trend and look for short opportunities rather than blindly bottom-fishing.
$RAVE