#Gate广场四月发帖挑战

$RAVE In this situation, the shorts are arranged perfectly clearly

Take a look at the funding rate, -0.85%, annualized over 7,000%. What does that mean? Short sellers have to pay a "protection fee" to longs every hour, just from the cost of holding the position, which can make you doubt your life

Even more extreme, there’s a trader who never stops loss, holding onto her short positions tightly. She doesn’t cut losses, and the main force has to keep pulling — otherwise, how to get her to exit? There’s almost no trapped positions above, so pulling up is indeed easy

But don’t get carried away. Don’t chase at 0.4, don’t chase at 2, don’t chase at 5, now it’s almost hitting 10, suddenly want to rush in—stay calm and think

Actually, this coin is very similar to Siren before, heavily controlled, 99% of the chips are in big funds, only 1% outside for retail to fight over. Every time it pulls up and then retraces, it’s less than 30 points, with no deep retracement. Such a market, ordinary players really find it hard to handle,
This coin will have big fluctuations sooner or later, but before that, you might be the one to get swept out first.
$RAVE $ETH
The best way: wait for a pullback, set a stop loss. Whether going long or short, not setting a stop loss is just giving it away