This short position strategy at this level needs to be adjusted. Instead of rushing to open a position around 2950, it's better to wait a little longer. The key is to watch when retail traders' second wave of chasing longs will start—once the bullish entry rate shows a second increase, that will be our real shorting opportunity.

Why do I say this? Carefully look at the orders around 2905 to 2910; most of them are naturally placed orders, not driven by major players. When genuine retail traders start FOMO chasing longs again and the bullish entry rate surges, market sentiment will reach a high point. Entering short positions at this time gives us an advantage, and the success rate will be much higher. Instead of blindly bottom-fishing, it's better to patiently wait for such a signal, so risk control can be more effective.