Recently, the discussion around the $SQD variety has been quite high.

Noticed a detail: the short funding rate has soared to an annualized level of nearly 4000%. What does this mean? If you go short directly, you will have to pay a significant holding cost.

That said, many traders still want to seize the opportunity of the main force driving the market up. My thought is this - first, use a small position to tentatively go long and feel the market sentiment; once the signal for a rise is confirmed, then decisively reverse and use a large position to layout short orders.

This operational rhythm can to some extent avoid the loss of funding rates while also not missing out on market trends. Of course, risk control is always the top priority.