$COW This thing should have the same trading model as the previous agld, with very low spot trading volume. Previously, the spot trading volume of agld was 5 million a day, but the contract trading volume was 200 million, and the funding rate is frighteningly high. The market maker profits from the long position's funding rate. Without trading volume, they will artificially pull it up a bit, but won't raise it too high, then it drops back to lure in more buyers, because only when it's pressed low will there be long positions opened. If it goes too high, no long positions dare to open. After you understand this model, come back and look at the K-line. Is this the trick? Don’t say it can't be pulled up; hundreds of billions can be pulled up, let alone your tens of millions.

The best strategy for this coin is for the market maker to fake a pull-up and then short it. Holding spot or going long is not appropriate; you must wait for a pull-up of 1-20% to short.