Seeing a lot of people can't wait to short $BTC, take a look at the volume over the past two days: IBIT's trading volume in the last two days has already surpassed the volume during the big drop in early June. On Binance, the trading volume hasn't exceeded that yet, but both spot and ETF trading over the past two days have far surpassed the volume during the early April rally. From a time perspective, a decent correction might only happen when the next liquidity test point approaches. You can refer to the key liquidity trend changes within the year that we analyzed earlier.