RAVE's funding rate has reached -1.54%.

Actually, no matter how you operate, it's very risky.
My advice is to just watch the show.
If you go short, it could rebound at any time.
If you go long, in case the short position is placed by the project team,
and at this moment the team is dumping spot holdings,
then the bagholders are the ones betting on a rebound.
Under such extreme negative funding rates and high market manipulation,
whether long or short, the risk-reward ratio is unreasonable.
Making money can only be attributed to good luck.