Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
This coin has been rallying from a bottom of 1.6 all the way up to 30, and it looks very powerful. But to be honest—technical analysis, the capital of the whales, long and short position data, these are all surface-level stories. What truly determines the direction? The funding rate is now at -1.6%, and this signal is very eye-catching.
To put it simply, history will repeat itself. Ultimately, this thing will definitely fall, and it’s highly likely to drop to single digits. This is not a prediction; it’s the market’s law. I’m not betting against it; I’m just speaking based on data.
Thinking of bottom fishing or trying to make quick money with it? I suggest you think carefully first. These kinds of coins are synonymous with high risk. It’s not that they have no chance, but opportunities and traps are often separated by a single thought. If you don’t have sufficient risk tolerance, it’s better not to get involved. The market is always there; missing out once is not a big deal, but losing money is what really matters.