$AIA With the spot price rising sharply and breaking above 40, the market's enthusiasm for going long seems to have been ignited (of course, more due to short orders getting liquidated, forcing buy to close positions).
More and more afraid to go long, leaving behind tears of ignorance.
As for shorting? I'm even more hesitant.

$AIA Spot 34, contract 18, index price 26, basis 30%
This is market manipulation, this is cannibalism.

$AIA every hour -2% fixed funding rate, it's not a good time to be empty.
The spot market is highly controlled, and there are no coins available to borrow, making it impossible to hedge.
Hedge short contracts at other exchanges? Here -2%, others around -1%, eating 1% every hour.
Risk varies across different exchanges, and the prices differ significantly. With limited margin, it's easy to experience multiple spikes in both directions. It's only suitable for large funds with small positions.

$AIA The Spot market capitalization is over 800 million, and the contract holdings amount to 100 million (on one side). During the pump process, the contract open interest still decreased. Did the market maker actively sell long orders, which then caused the rates to be significantly negative?
The pump may be too aggressive, and the market lacks liquidity, meaning that there aren't that many retail investors participating. This also means that the sell-off won't be completed that quickly.
It is impossible to predict the market maker's influence, nor can we foresee the market's

#XPIN The downtrend has just started, the open interest has decreased, the originally losing short orders were sold out to recoup investment, and those who wanted to open more short orders got liquidated by a pump from the market maker.
Yes, they didn't die at the peak of 0.004, but died here at 0.0038.
As for the market maker, since they choose not to continue rising, then at this price level that traps long orders, reconciling with the bears, although the price is the second highest, it is actually the optimal solution.

#XPIN Buy and hold. Today, the long and short positions are contending around 0.0036-0.0038.

#XPIN Just now 0.0038 was not short, now at 0.0035 short? This coin is moving very slowly right now, there might be some market later, but a small pullback today is not a problem. However, if you use high leverage to gamble, you will definitely get liquidated.

#XPIN market maker, please transfer to manual. 0.0039 above, huge limit order.

#XPIN M head, are bearish traders in the last darkness before dawn? The position is small, first close all positions, then buy back at a high point? Need to think about it.

#XPIN It doesn't even want to give you a pullback.

Don't panic, I am also trapped, but my cost is 0.204. In a one-sided pump market, the market maker can't offload their long orders and will also experience high-level fluctuations. Another basis is the big dump on 1011, which was quickly pumped back and maintained in the rising channel. The market maker has put in so much effort, not just for a single flash crash. However, if you increase the position and raise the leverage now, that's a sure way to self-destruct.

#XPIN
Once again, the rebound did not surpass the resistance level of 35-37, leaving no opportunity for long positions to recover. As the rebound weakens, it continuously tests the support level below 30-32. If it breaks down effectively, a downtrend will be established.
This is the technical aspect; the candlestick charts of altcoins are all drawn by the manipulators, while the funds are the key. There are just too many positions above; if you have large capital and short at 32, do you believe the main force will push it to 35, resulting in a -10% loss? If you open a 10X leverage, you'll

The holdings of this coin #XPIN in Gate's contract are very small, with no market maker as the counterparty, only relying on slippage for arbitrage through the market maker in a low trading exchange.
So it can be inferred: those holding are all of us retail investors. Just now, 60-80% of long positions are above 0.0035, while the cost of short positions is even lower, with 40-60% in a loss state. This means that at the current price level, most long and short positions are at a loss.
Another point is that just after the recent drop, the contract fees on Gate have rapidly increased. Really

#H Most mainstream tokens have reached the upper resistance level, and it's unclear whether it will break through or pullback. Meanwhile, H has reached a new high, open interest has increased, and contract rates have risen. I boldly speculate that there will be another pump followed by a sharp drop. I'm ready with my bullets! Of course, the leverage is very, very low.

H, going long, but continuously increasing the position for shorting on 1X contracts. The open interest of the contracts is not enough, which means the profit from a big dump is insufficient. A slight sharp fall only kills those with high leverage going long.

#HYPE hype reached a new high again.
Perhaps in the next decade, we will pursue blockchain applications that are truly relevant to our lives. As for now, investing or speculating is the essence of our trading here.
Hyper Liquid, as a leading decentralized exchange, has gained recognition from users, so achieving all of this is only natural.
It aims to leverage its user base to reclaim the interest income from the locked stablecoins. It will also use HLP-3 to attract more funds from large clients and provide more trading pairs. Additionally, it will offer a better front-end interface to make i

#BTC
Laughing to death, Powell: Good afternoon

#LINK , stimulated by news, quickly pumped 4%, stopping at the resistance level of 25.
In the past week, the performance of LINK has been quite weak, and there is a possibility of further retracement to the 21.5 resistance level on the technical chart. This has disappointed many investors compared to the independent performance observed a week ago. If a more intuitive understanding is needed, one can look at SOL, which has been the strongest among large-cap altcoins in the market over the last three or four days.
Then, after LINK weakened, we can see that ENA, AAVE, and PENDLE have all perform

#LINK btc is in a sideways movement, and the fee has returned to 0.01%. It seems the support at 108,000 is very strong. Eth touched the resistance level at 4,550, and after a slight pullback, it is moving sideways, while the fee has dropped to 0.0016%.
Link is clearly following ETH, reaching up to the resistance level of 24.5, but it doesn't have as many short positions as ETH.

#LINK touched the rising trend line, execute the increase the position plan.