#Gate广场圣诞送温暖 Currently, the perpetual contract funding rate on exchanges is still positive, which means there are still many people going long in the market. As long as the long side is too crowded, it's hard for the price to go up, because big players' favorite way to profit is to flush out these longs first.

Historically, every real surge has almost always happened when the funding rate turned negative. At that time, the market was full of shorts, and the whales would reverse the trend and pump the price, directly squeezing shorts for profit. So, whose head is this hard? Can you guys just stop going long???