$ALPACA this exchange is playing with both long and short positions to wipe them out. When it goes up high, everyone should pay attention to the funding. If the funding increases from -2 to around -1.6, it will sell a little. Those who are smart will take profits on shorts -> funding continues to rise. Those who are foolish will enter shorts at the bottom when the funding is around -1.2 to -1. After that, the exchange will push it up a little to lure in more shorts. When the funding is less than -1.4, it will push back up.

You are essentially the liquidity. No one is foolish enough to hold shorts until it crashes. In a day, it can drop 48% of the total volume (if funding maintains at -2%) and it can push it for 2 days before it burns out because of the funding, not to mention the price. Shorts at the top are also not brave enough to hold.

As for those who are long, if you set your stop loss at -20% or more, it will sweep you out and then go back up. The range of a 3-minute candle is typically 5-15%. In this game, whoever knows how to play smart will win.