The rate currency really can't be empty❗️ I finally cut the short position I held since February 1st. In just three days, the funding rate was eaten away by 20,000 U⚠️. Although there was a profit of 18,000 U when I closed the position, and despite being heavily invested around 0.04, the final result was still a loss of 3,500 U😭

As long as the price is volatile and consolidating, every hour, regardless of whether it goes up or down, you will automatically be deducted 300-400 U. Even the wealthiest families can't afford this interest! Although I know it will eventually drop, I've decided to exit for now because I really can't afford the funding fees. I didn't expect that holding a short position at a high level would end up losing money after several points. To make money with this kind of currency, one can only wait for a sharp decline.

In this market, I still recommend that brothers focus on going long. Although many altcoins ultimately head towards zero, your position may not even be there by that time...