I told you about $INIT an hour ago, but I wasn't discussing analysis; I just outlined support and resistance levels. It was very clear that it had been broken. This resistance level is 0.22200, and it's continuing to resist. The support level was 0.20600, and I drew it roughly last week. Currently, it has risen from that area, but the difference between the perp and spot price is 13%. This means it's approaching, but this approach is illusory as long as there's negative funding. This is something that makes the coin drop, but 1-hour funding and a percentage are very large. For example, in 4 hours, you get a 4.0000% hit, which is a very large number. Short positions are almost allowed; only long positions are profiting from funding, and this is clear to me. All long positions are currently profitable, but we don't know when the funding will drop. Currently, if the coin continues, it could go to the 0.32000 area and above, which is normal due to price manipulation. This is one of the reasons for the change.


