Is everyone shorting $pippin right now?
The funding rate is normal, the open interest is at a historical high, the price is at the top zone, and there was a big bullish candlestick yesterday. The key point is that the price is very stable, and there are no signs of a sharp drop right now. The short positions are hanging up there, and we don't dare to enter long positions.
Can anyone tell me whether to hold the short position or join the longs next?
