$SIREN Let's talk about the pattern of deep discounting currencies. Contract prices directly drop to half of the spot price, and there are long-term positive funding rates. The historical trend always follows a consistent pattern: only a 6-12 hour slight oversold correction rebound occurs, with a rebound of 2%-5%. When hitting short-term moving average resistance, prices immediately fall back, with highs and lows continuously shifting downward. The strong bearish trend will not reverse; the entire process involves decreasing volume without additional funds. The rebound is just a window for the main players to offload spot holdings. The big players hold most of the circulating supply with long-term short positions unchanged, continuously harvesting longs through hourly funding fees. After oscillating for 1-3 days, the price usually probes a second bottom or even hits a new low. Secondary exchanges will gradually delist liquidity, shrinking the market. Long-term holders face not only price difference losses but also ongoing erosion of principal due to high interest rates. Only when retail longs are widely liquidated and major players bulk close shorts, causing funding rates to turn negative, can a trend emerge. Currently, market conditions do not support this; short-term trading should be quick in and out, and avoid heavy long-term holding.