TRB’s contract trading volume exceeds that of Ether and is close to the pie. Looking at the funding rate, there is a huge difference in the long-short ratio. Many people are shorting the target in large quantities, causing short sellers to pay expensive funding rates to long sellers.

Taking Binance as an example, it collects 3 times a day (once every 8 hours), and each time it charges short sellers the total position value * 3% to subsidize long positions, so if you go short, you will actually suffer a loss, and the profit and loss ratio will be disproportionate. It will only cost you one day. The funding rate is 9%, and it only takes 11 days of trading sideways for you to return to zero.

The bulls continue to go long with the funding rate they receive. In the short term, there is unlimited bullets. The bulls have a magic weapon that the shorts cannot defeat. If you want to go short, you must first see when the expensive funding rate drops.

Without the protective magic weapon, both sides have the strength to fight. At present, Zhuang is still in the control stage. $BTC $TRB $PEPE #DeFichallenge #FutureofDeFi