RAVE Market Depth Breakdown: A textbook-level "Spot Control + Derivative Meat Grinder" kill signal has appeared!

Partnerships + Airdrops are just cover; RAVE's actual circulating market cap is very small, with highly concentrated chips, yet the contract has gathered nearly 500 million USD in massive funds (third globally).
Currently, the market shows an extremely abnormal and deadly signal combination: new high in price + decreasing open interest (OI) + extremely negative funding rates.
The main players' cards are now exposed; a killing market is about to begin.
1️⃣
Strange data anomalies: the main players are "fleeing like a cicada shedding its shell."
The current high OI continues to decline, indicating net withdrawal of funds from the market; the previous violent rally has already wiped out the shorts, and there’s no fuel left to push higher.
At this point, the main players are quietly cashing out huge long positions at the bottom using retail traders' FOMO-driven buying of positive news, covering their retreat with "low-volume support."
2️⃣
Vampire logic: why are funding rates still extremely negative?
This is the most vicious trap in this game; although the main players are retreating, many stubborn retail traders keep chasing tops and shorting.
The main players don’t need to fight in the contracts; they just use minimal funds to pin the spot price at high levels, creating a huge premium.
Result? The market makers' longs do nothing daily but collect the "funding fees" paid by retail shorts, reaping enormous profits while quietly retreating and vamping.
Where is the top? When will the guillotine fall?
For highly controlled "demon coins," never guess the specific "price top"; focus on the "data top"!
The only sign of a decisive end is: shorts are wiped out, and funding rates turn positive.
When the retail shorts are drained or utterly hopeless due to funding fees, and the funding rate quickly approaches zero or turns positive— the market maker's machine fails.
At this point, the main players will withdraw their spot orders and reverse to build short positions at high levels. Due to extreme on-chain illiquidity, this will lead to a stampede-like head-chopping big red candle!
Absolute taboo: trying to short at the left side (top).
Don’t do left-side shorts; follow the trend! Blind shorting not only risks being wiped out by the main players' "headshot" moves but also dying in a prolonged sideways market with high funding fees, until a crash occurs—your margin will be drained.