Calculate position cost: $Lobster Current rate 0.0484%, settled every 4 hours, equivalent to an annualized rate of about 105.9%.
In other words, holding a long position means every time it’s settled you’re paying the shorts. The longer you hold, the higher the cost. As long as the price stalls and the long side loosens, the drop will be magnified.
How much leverage are you playing with?

Decide when to enter and exit for yourself—don’t follow the crowd.