KAITO is really short killer, will rise to 1.7 soon, but it also fall too fast, maybe 1.36 again, I am scared of this. Just warning for who sell short

$KAITO current price 1.473, medium open interests but it is x4.5 since 5th May, short positions 65.4%.

For new traders sell short, be careful if you sell short now with the price from 1.47, and it rises to 1.65 will be -98% ROI with leverage X8, very risky right? Furthermore, funding fee might rise to -2%.

I am seeing it's very risky now. New traders get rid of this coin, it's crazy that pump up to 2 - 2.5

For who consider buy long, as we miss a chance buy at low, I do not recommend as no one sure it can drop anytime. Unless, you use stop loss, entry for long 1.36-1.40, use low leverage

Good luck guys!