I just posted an article, and many people are questioning it, along with a lot of naysayers.

This market has no rules or data basis; the so-called funding rates are merely what they want you to see, and even the exchanges deliberately want you to see.

Therefore, funding rates do not represent any value and should only serve as a basic reference.

In the end, it's still the same statement: as long as retail investors do not close their short positions, or even continue to average down, continuing to short, 74,000 is not a problem, and even 80,000 is possible.

The reason is simple: most people cannot make a profit.

Bitcoin remains bullish... We will wait and see.