$LAYER has currently fallen 60% from its high, and the funding rate for the contract is -2%, settled every 2 hours.

$ALPACA Dog House Operations Review, it's all just the tricks of the Dog House.

The timeline of Dog House operations is as follows:

1⃣ On April 19, the Dog House began aggressively accumulating spot positions and establishing long contract positions; (this date is key, the teacher will test it)

2⃣ On April 24, Binance announced that it would delist contracts on April 30 and spot trading on May 2;

3⃣ On April 24, the Dog House started to slightly attempt to pump up the price to attract retail investors' attention in response to the delisting news,

4⃣ On April 25, the Dog House started a violent price surge to attract retail investors to follow and push up the coin price, while inducing retail investors to short the contracts, causing the funding rate to widen into negative territory, allowing the market maker to enjoy an exclusive “rate feast.”

5⃣ On April 26, they pumped the price to a new high, completing the first round of profits from short contracts.

6⃣ On April 27, they turned against the market, first completing the first round of spot harvesting, thereby enticing more shorts (giving short sellers a glimmer of hope), causing the funding rate to rise again.

7⃣ On April 28, the second price pump occurred, washing out the first batch of retail investors, completing the second round of profits from short contracts, and pushing the price up for a third time to attract short positions.

8⃣ On April 29, the second time they turned against the market, completing the second round of spot harvesting, giving short sellers another glimmer of hope, but at this time, those who shorted on the first day had already suffered losses on their principal, and the downturn could not recover their losses.

9⃣ On April 30, there was a third violent price surge, also the last pump, pushing the price to the previous high in one go, completing three rounds of profits from the short contracts that were thought to go to zero, and maintaining this price as the last attempt to entice short positions.

🔟 At this point, it is 11 a.m. on April 30, 2025, and the Dog House will violently crash the market around 5 p.m., completing the final round of a spectacular harvest,

$ALPACA is a textbook-level disgusting market manipulation technique by the Dog House. Only by seeing through this method can one understand human nature and achieve great success in trading.

For detailed processes, you can refer to my previous tweets.