Is $XVG a short or a long position? First of all, looking at the funding rate, there is definitely a large group of long-position traders eyeing this rate. In the next round, long positions will definitely have the advantage, and the market makers will surely cooperate to raise the spot price. However, the existing risk is that there is no such thing as a free lunch in this world. If you are fixated on its rate and coveting its interest, then perhaps the other party is actually valuing your principal. Therefore, from the perspective of this funding rate, going long should be an instant entry and exit; eat up the funding and leave. But the market makers are not that foolish. As you exit quickly, they might crash the market; can you really get away with it? Shorting also comes with risks. From the daily chart and the candlestick chart, it is very clear that it will definitely continue to rise. I have lost a lot of money on this coin; it cannot be leveraged because it inherently has leverage, experiencing extreme ups and downs. So, if I were to short, I would definitely do it at a 1x leverage. But the current level is simply not suitable. How do you decide on the direction of your trades? Surely, you aren't just flipping a coin, right?
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