#美联储重启降息步伐 $XNY The funding rate is still positive right now, but don’t be fooled by that. Looking back at yesterday’s violent pump in the early hours, it was a classic case of major players distributing positions at the top.



This morning I took some light long positions and caught the rebound, but at the current level? Honestly, it’s not looking great. This price range is more suitable for setting up shorts; chasing highs is extremely risky—if there’s a sudden downward wick, you could get completely caught off guard.

Stay sharp with your trades: prioritize shorting at high levels, control your position size—don’t get greedy—and always set your stop-loss. In this phase where there’s a concentration of profits, any impulsive move can turn you into exit liquidity.
XNY-30.12%
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GasFeeCryingvip
· 22h ago
That little thing about the funding rate can really be misleading. I also noticed that surge yesterday—it was definitely a distribution.
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NFT_Therapyvip
· 22h ago
Yesterday’s pump was definitely a main force trick—the smell of distributing chips at the top was way too strong. Chasing the pump now is just being someone else’s exit liquidity. --- You can’t even trust positive funding rates; at this stage, you have to set up short positions. Don’t be greedy. --- Light longs caught the rebound, but this spot is really dangerous—a single wick and it’s all gone. --- Simply put, short at the top with a tight stop loss. Greed will kill you here. --- The main force is distributing at the top, and it’s painful to watch. Anyone chasing here will get trapped.
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NotGonnaMakeItvip
· 22h ago
The distribution at the top is so obvious, and there are still people chasing? Wake up, everyone.
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StealthDeployervip
· 22h ago
That little trick with the funding rate, do you really think we can't see through it? That wick yesterday completely exposed the whales' intentions. To put it bluntly, this position is a bit dangerous right now. I also got fooled by the rebound—regret it so much. High-level shorts are the only way to survive; if you're greedy for even a second, you'll get dumped on.
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RunWhenCutvip
· 22h ago
I also noticed that surge yesterday. The main force’s tactics were so obvious, yet some people still chased... Now holding short positions definitely feels more comfortable.
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