$ANIME discovered a big trap!!!
Last night I kept reviewing why the anime trades failed over the past three days. The first major spike was not timely closed for profit, resulting in less earnings. After that, another order turned into a stop loss, and I discovered a trap that everyone might have overlooked with two issues. First, does the short-sell controlled coin have high negative funding fees? The anime does not, which leads many people to hold it at almost no cost, ultimately facing a spike or continuous rise. At this time, the negative funding fee actually acts as a reminder and forces an exit!!! Second, there is a huge difference between the price on the decentralized exchange on this coin's chain and that on Binance! Look at the chart below; if calculated according to the chain, there would be a price difference, resulting in high negative funding fees. However, the dog-controlled coin on Binance keeps the spot price aligned with the contract price to confuse you, so it remains at a 0.05% positive funding fee. This lesson is painful, but I have gained something from it!!
This type of controlled coin is even more frightening. Everyone, hurry up and withdraw. Don’t be greedy; you can profit from shorting. Be worried about a true waterfall in longing for the last time. It’s still a reminder from a couple of days ago: everyone, whether long or short, do not participate, run away!!!!