FHE's trend is consistent with the previous prediction pattern, a classic manipulation script where the big players push the price up to trap short sellers.

Look at the current situation—it's quite interesting—big players push the price higher with a clear purpose: to attract more people to open short positions. The higher the price goes, the more shorts there are, ensuring that their long positions have enough counterparts. Only when retail traders hold enough short positions can they smoothly escape with profits. This creates a complete ecological chain.

For traders still shorting, there are actually only two options right now. One is to add margin and hold firm, using small-cycle swings to hedge risks. The other is to change the approach entirely—buy some spot and hold, then sell once the price rises. Both strategies are used by different people; the key depends on your risk tolerance and capital scale.

A crucial detail here—what the big players fear most isn't technical analysis, but the fact that there is too much circulating spot supply outside. Imagine if all the FHE spot holdings were dispersed among retail traders, the cost for big players to push the contract price would increase significantly because of ample spot supply, making it hard to move the price. But what is the current situation? The outside spot supply isn't sufficient, so the contract market has almost no hedging costs, allowing big players to push the price as they wish.

Based on this logical deduction, one point to watch is: unless those large, steadfast short sellers outside are liquidated and forced out, this upward trend still has a long way to go. The big players' goal probably won't be so easily achieved.