The greed and fear index for short-term trading and the liquidation map are of certain reference value.

In general,

When the greed and fear index is low, the market's short positions far exceed long positions-----a rebound may happen at any time.

When the greed and fear index is high, the market's long positions far exceed short positions-----a pullback may happen at any time.

In the recent waves of market movements, the market makers are closely monitoring the liquidation map to trigger both long and short liquidations. The current market has not formed a trend; it is just a local back-and-forth tug-of-war, and participating is far less beneficial than resting.