I recently saw a whale open a $13M short position, while the longs only held $1.8M in positions, the gap is indeed significant. Interestingly, once good news appears, it’s very likely aimed at these big shorts—this kind of manipulation is not uncommon.

My observation is that following the institutional big players in opening shorts can indeed help catch a lot of profits. I suggest that beginners can try this approach with small positions to get a feel for the rhythm. I myself have positions on both sides, but given the current pattern, the bulls should consider taking profits.

To put it simply, the shorts have been set up; the sudden price surge is probably aimed at blowing up this whale. I’ve seen similar situations before, where the long-short ratio jumps from 1:1 to 1:10—familiar tactics.