#BinanceABCs A trader came to me yesterday and said that his $BEAT was trapped, and he didn't know what to do.

I took a look at the data—the funding rate is currently -1.3, which is an interesting signal. From my past observations, this kind of operation is actually quite common: the big players are consolidating at a high level, while enjoying the interest from the negative funding rate, they quietly absorb short positions. Once they've accumulated enough positions, they initiate a pump, and the bulls continue to push upwards. This cycle repeats, making the market increasingly heated. It’s only when the funding rate turns positive and the heat cools down that a significant dump will occur.

From this perspective, this price level cannot be considered "too high". In an environment of negative funding rates, the consolidation phase is the time for the main players to accumulate their chips.

If you are also trapped in there, we can chat in the group. How to cope, when to take action, I am always open for in-depth discussions.