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Looking at the recent surge and trading volume of $ZKC, many are starting to consider shorting. I shake my head; acting now would just be inviting trouble.
Let's look at the data first—funding rate is still at a high negative value, which is a signal. When the funding rate is negative, short sellers are actually being "bloodsucked" by the market. By entering now, you're essentially paying the longs as a subsidy.
This situation is actually quite interesting. Retail traders see the rapid rise and large volume, and their instinct is to short. The problem is, when a large opposing force comes in to short, it actually "pounds" the price down. Real money is being poured in, and the price bottom is being solidified. The market makers are watching from the side, quite pleased.
The core logic is simple: as long as the shorts are not giving up, the bulls won't stop. When the negative funding rate hangs over the shorts, the longer it lasts, the deeper their pain. Under this structure, continuing to break upward is actually the least resistance option.
I can predict the next act—market makers will use this high negative funding rate to attract more opponents, then wait for the right moment—an ultra-low volume, large bullish candle to complete the final harvest.
Want to short? Wait until the funding rate turns positive and trading volume truly dries up. Entering now? You'll just be fuel for the next rally.