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What? You're telling me that because the funding rate is negative, and short positions are overly accumulated, it might cause Bitcoin to directly hit a new all-time high???
Famous brands are bearish, this rally is a very classic method of squeezing market liquidity, a negative funding rate indeed can stimulate short-term upward movement, but you need to understand how long this kind of rise can last. Relying solely on negative funding rates is just a bull trap market~
Currently, the most suitable position for shorting is around 86, entering the initial position, then adding more as it goes up~📉