$RAVE Review - The market maker's harvesting logic is correct


Short was entered at 0.6671, and now it’s at 0.6238, with a floating profit of 6.5 points. This trade logic is correct: 75% of retail are long, and the funding rate is 0.0831%. The market maker’s harvesting signal is clear.
Now the funding rate trend has turned positive, the shorts are completely wiped out, and it’s highly likely to keep falling. OI continues to decrease by 1.6%, longs are exiting, and there’s no problem with the short direction. This kind of chart action is the market maker grinding down the long side—if retail doesn’t get out, they’ll keep grinding.
Around 0.61, I plan to take profits on half first, and keep the rest to see whether it can reach 0.58 before exiting. As long as the funding rate stays positive, with the shorts wiped out, it’s highly likely to keep falling. The reason I can hold this position is that the logic is clear: retail sentiment is extreme + the funding rate is cooperating. Trades with signals of this quality are the ones you have to be bold enough to hold.
#Gate广场五月交易分享
RAVE-0.99%
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SpeculativeAnalyst
· 1h ago
Just charge forward 👊
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SpeculativeAnalyst
· 1h ago
Just charge forward 👊
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SpeculativeAnalyst
· 1h ago
Just charge forward 👊
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