$MORPHO Brothers, look! The previous few candles from 1.88 to 1.93, almost a 3% increase—key point is the rate +0.0050%, and the longs are still paying protection fees to the shorts💸



See, just earlier, one candle with a huge volume of 358.4K broke through 2.0, rising 3%, but the next candle's volume was immediately cut in half to 98.8K, a 72% drop. Basically, how much protection fee did the market makers pay to push from 1.88 to 2.03?

My little sister did the math: in 24 hours, it rose 15 points with positive funding rates, but the cost of the order book was ridiculously high. After the volume spike and quick rise, it immediately shrank in volume and stagnated, a typical pattern of volume expansion to lure traders followed by volume contraction and sideways movement—are the market makers collecting protection fees to prepare for withdrawal?

My little sister will wait around 2.02; if it continues to shrink and drops below 1.95, the order book can't hold anymore; if volume expands and breaks through 2.05, I'll admit defeat💸
MORPHO10.27%
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