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Currently, $RAVE , is what you see as "The Surge" really an opportunity for sudden wealth, or a trap tailored for you?
As long as RAVE continues to surge, more and more short positions will be attracted to guess the top. Currently, the contract funding rate has reached -1.73%. The logic now is very cruel: if the final batch of short positions isn't completely wiped out, the market makers will never give up peacefully. Only when on-chain funds start to flee wildly will it be a true signal of a waterfall crash.
This fan of Nannie’s just entered the market and has already lost over fifty dollars in funding fees. If the funding rate doesn’t decrease, the market is likely to stagnate at this level. The market maker will absorb a wave of funding fees, then shake out some short positions before starting to decline.
So, stop and ask yourself: is the "opportunity" you see at this moment truly a chance to get rich overnight, or is it a trap designed specifically for you? Feel free to share your judgment in the comments.