I was the delivery guy who built Nero in the beginning. After selling Nero, I bought a BMW X5 with a full payment of 810,000, achieving a state of semi-financial freedom. That night, I drove alone for 3 hours in our city because it was my first time driving a BMW. Now Kurumi is right in front of you, the same scenario is laid out before you, it's your choice. I don't want to say too much. Achieving financial freedom only requires a dog Kurumi.
The market maker $MEW is very cunning. As Binance does not have spot products, he only sells his spot products on OK and then buys them on Bybit. There are relatively many people using OK but not many people using Bybit, which results in a net outflow if people only look at the data of OK. This will induce people to go short and be harvested by the market maker all the time.
$MEW I have roughly talked about the situation of this coin before. If there are not many retail investors to take over the spot in the future and there are fewer people chasing short contracts, the downward trend will start. After all, there has been a lot of turnover in the past few days. There is no point in continuing to transfer money from one hand to the other and bear the funding rate.
The dealer $MEW has been dragging the market to sell. Judging from the trading volume, he should be selling from ok and buying from bybit. The funding rate is basically positive, and no income is generated. The platform does not have much lending income. Basically, it makes money from the difference between long contracts and spot prices. We can only wait and see when the market will crash. Don't blindly chase the shorts.