$HYPE Auto take profit, no partial profit-taking so far, able to gain 18% increase😭

At that time, the funding rate was -0.018%, and the shorts were paying money; I said that this kind of market either has the market maker shaking out positions to build a position or the shorts are holding on stubbornly. I entered at the 47.799 level, but to be honest, with a confidence level of 46%, I didn't dare to say much, so I only took a small position to test the waters.

This coin really tests patience along the way; it kept hovering around 0%, with a maximum floating profit of just over 1%. I once thought I was going to be shaken out, and the stop-loss at 42.06312 almost hit. But I carefully looked at the open interest, which kept increasing; the market maker didn't leave, and the shorts didn't close their positions. This deadlock actually gave me more confidence—after grinding the market, a move will come. This is a pattern I’ve summarized from trading altcoins for a long time.

This kind of coin requires patience; when the market maker is grinding, you can't outlast him, but once he's done, a move will definitely happen. As long as you don’t get shaken out, you’re fine. When the funding rate is negative, the shorts are effectively paying the longs; under this structure, as long as the market maker doesn’t leave, a rally is just a matter of time.
#Gate广场披萨节