If your leverage exceeds 10, with an opening price below 0.16 and a liquidation price below 0.4, it is recommended to cut losses in a timely manner. The market makers are currently harvesting short positions at a high funding rate. After the shorts retreat, a short squeeze will occur, and the coin price will rise by 20-50%. Then, the market makers will flood the market to harvest long positions. The ultimate fate of meme coins, and the current operations of market makers are all serious crimes in traditional finance. (The specific duration of high funding rates for harvesting depends on the persistence of the shorts; I estimate 12-24 hours)
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