$BEAT long positions have been hanging there, which is actually not a big problem. The key is to understand the funding rate thoroughly.

But look at the trading square, it's just a bunch of people shouting about chasing short positions. Retail friends, don’t be led around by those so-called teachers or group leaders, and don’t believe those boastful guys who say they want to short until they admit defeat. When a coin's momentum is so strong, at most, people are just shaking out the stops. It doesn’t mean you can’t short — the issue is that you need to understand the secrets of the funding rate.

How do big players operate? They open long positions here, then turn around and open short positions on another exchange to capture the funding rate difference. That’s exactly how they harvest the little guys. How many retail traders are currently blindly following short positions and ending up liquidated, still stubbornly holding on? That’s the cost of not understanding the game rules.