At the end of the day, short selling is not the main theme, nor does it make big money, but it’s definitely better than being stuck in spot trading. Personally, I believe this round of cleanup in the crypto industry will be very harsh. Bubbles, narratives, and emotions will be peeled away layer by layer. In the long run, this might not be a bad thing. What truly matters is keeping cash in hand, maintaining strength at the table, and waiting for the next true bottom to reallocate for the next 3, 5, 10 years. This is quite important.