Full Level Negative Funding Rate Practical Case | ANIMEUSDT: Is the Short Fully Loaded, Is the Opportunity Here?

Recently, ANIMEUSDT has become one of the representative tokens of capital funding rate fluctuations. According to market data from April 16, the futures spot price difference of this token is -1.52%, and the funding rate has reached -1.60%, indicating a 'full level negative funding rate' status.

Combining the continuous increase in open interest (OI breaking 500 million) with strong price upswing (the 15-minute chart shows a fluctuating upward structure), ANIME is in a typical Stage One trading model:

Stage One Logic Review:

Funding rate fully loaded + Price rising + Open interest increasing = Short failure, signs of main control

• Shorts are willing to short at a high cost, but the price rises instead of falling, indicating very low short efficiency;

• Open interest is rising simultaneously, meaning there are still new long positions in the market, and main funds may not have reached their target;

• From a technical perspective, ANIME has just experienced a short-term pullback after bouncing off the middle Bollinger band and is now experiencing a healthy volume increase.

Follow-up Trading Focus:

• If the funding rate continues to remain negative but the price stays high, shorts may fall into a 'paying fee-style miss';

• If there is a turning point in open interest + price weakness, combined with a drop in the funding rate, it may enter Stage Two;

Stage Two is often a proactive selling area for longs, and short opportunities at that time are worth noting.

Operation Suggestions (for demonstration purposes only):

• Current Stage: Watchful or cautiously following long

• Pay attention to stage transition signals: price losing the middle Bollinger band, MACD death cross, OI decline

• Short positions are not recommended to blindly chase the top; wait for the resonance of the three signals: 'price weakness + funding rate return + OI decline'

Full level negative funding rate ≠ top. Understanding capital structure and position behavior is key to capturing potential reversals or continuations. ANIMEUSDT is currently in a typical bull-dominated stage, and shorts should beware of the 'capital trap' caused by blind increase in positions.

Do you think ANIME still has upside potential? Feel free to share your trading perspectives in the comments!