Let's analyze $牛来
Based on $牛来 data, the long/short ratio dropped to 0.87, indicating that retail investors are generally bearish. However, the funding rate surged to 0.0074, which suggests that the more the market is dumped by the market makers, the larger the long positions become. Every time there is a sell-off, net shorts enter; when the coin starts to fall, it rebounds every time positions are closed. This indicates that the market makers are forcing it down entirely through short contracts. I infer that the market makers do not actually hold much spot, and can only drive it down through contracts.
The key is: if you keep playing like this, how much lower can you really push it? Even if you dump it to the third floor, it will end up just like Binance Life. With such high-level control, even if it is pumped to 1B, no one will buy the bag. With such huge hype, only raising the price can allow distribution. Damn market maker.
Market maker, I will fight you to the end
Based on $牛来 data, the long/short ratio dropped to 0.87, indicating that retail investors are generally bearish. However, the funding rate surged to 0.0074, which suggests that the more the market is dumped by the market makers, the larger the long positions become. Every time there is a sell-off, net shorts enter; when the coin starts to fall, it rebounds every time positions are closed. This indicates that the market makers are forcing it down entirely through short contracts. I infer that the market makers do not actually hold much spot, and can only drive it down through contracts.
The key is: if you keep playing like this, how much lower can you really push it? Even if you dump it to the third floor, it will end up just like Binance Life. With such high-level control, even if it is pumped to 1B, no one will buy the bag. With such huge hype, only raising the price can allow distribution. Damn market maker.
Market maker, I will fight you to the end
