$PIPPIN The market maker did not show any goods, the funding rate is currently positive, and retail investors are all short. It can be concluded that the market maker has opened a long position. Just now, when the price dropped, the market maker opened a short position to hedge, and at that time the funding fees were negative. Now it has turned positive again, but the market maker has not shown any goods. This wave is expected to break the historical high and harvest the short positions of retail investors. All retail investors are short, and the positive funding fees indicate that the long positions are very large, far exceeding the short positions of retail investors, pulling back from 0.65 to 0.75, this wave is a trap for shorts.