$RAVE The price has broken above $10, and the situation is more extreme than before. Now is definitely not the time to short, for three reasons:

1. The funding rate is likely still deeply negative.
The short squeeze is accelerating. The hourly negative funding rate causes shorts to lose money every minute; opening a short is like jumping into a meat grinder.
2. $10 is an integer threshold, but not necessarily the top.
This kind of strong whale coin often fake-breaks through integers to lure in shorts. Pushing to $10.1 and then pulling back to $9.6 makes retail traders think "it's the top," attracting short positions. Once shorts accumulate enough, the whales will directly push the price to $12 or even $15, blowing out all the shorts in the $9.5–$10.5 range. The height of the spike is completely unpredictable.
3. The only signal to short has not appeared yet.
Remember: when the funding rate turns positive, that’s the signal for shorts to gather. When you see the funding rate turn positive, it indicates retail shorts are dead and longs are crowded, which is when the whales reverse and dump to harvest. As long as the funding rate remains negative, shorts are fuel.
Current advice:
Hold a wait-and-see stance or take a very small long position with a stop loss within 3% to prevent sudden spikes. Never try to top out and short on the left side in a negative funding environment—that’s giving #Gate广场四月发帖挑战 money to the whales. Wait until the funding rate turns positive before considering short positions.