$RAVE The current structure is more stimulating than the price itself.
Funding rates are already extremely negative, with mainstream exchanges mostly between -1% and -2%, annualized to thousands of percent.
What does a negative funding rate mean? Short sellers are continuously paying long buyers, bleeding by the hour.
Such extreme negativity usually only appears in two situations:
First, market sentiment is extremely bearish, with short positions piled up;
Second, large funds are forcibly holding the structure, causing shorts to keep “bleeding.”
On the surface, it looks like short