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ARRIWYKS
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100% agree. This is the trap most blind shorts miss.
$ETH funding flipped negative — shorts now paying longs while crowded short interest piles in. But liquidations collapsed $17B → $5B, no cascade = no fuel.
Bearish bias ≠ instant short. When funding is negative + liqs dry, elasticity for a violent bounce is max. Shorts feel safe, but are most at risk.
Poker rule: waiting empty-handed IS a position. Let longs chase and pay fees again, then strike.
#ETH #Ethereum #FundingRate #OKX #OKXOrbit
wesley教授
A reminder for those still blindly shorting.
In the past two days, the perpetual funding rate for $ETH has turned negative—shorts are paying longs, and more people are piling into shorts; meanwhile, the total 24-hour forced liquidation volume across the network has shrunk from over 17 billion to around 5 billion, so the kind of cascading liquidations haven't happened at all.
My bias remains bearish, but "bearish" and "should short right now" are two different things. When the funding rate turns negative and liquidations dry up, that's often the point of maximum rebound elasticity: the shorts are most comfortable, but also most at risk.
Anyone who plays cards knows that holding good cards doesn't mean you push chips into the pot on every street. Wait for the bounce, wait for people to start chasing longs and paying fees again, then strike. Waiting empty-handed is also a form of position.
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