Long also has to find a nice entry point to enter, if it's long and then it falls and hits the stop loss before going up, then it's game over. If it falls slightly, then just run away.

$PIPPIN This is what I've been monitoring for 1-2 days, mostly seeing many people short burning, the main reason I see is that people are.
1 is that people see it rising too strongly so they jump into short thinking it will crash.
2 Because of the mentality thinking it will crash, they don't dare to go long, resulting in the house pushing the price up freely without fear of getting burned.
I advise everyone that these pumped coins and high funding fees should not be shorted, because if you hold the position, even if you make a profit, the funding fee deducted every hour will not leave much, and if you lose, it's double loss. Focus on trading top coins only, even if they manipulate the price, it won't be too bad, but these coins, who knows when they will pump, asking to hold.