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Don't remind me again today

I've been researching contract opportunities with KITE recently and found a few interesting signals.



Currently, the funding rate is positive, which means short sellers can actually earn funding fee income—this is quite common when market sentiment is overheated. More importantly, the price is already very close to its all-time high, and from a technical perspective, there's considerable pressure for a pullback.

My strategy: I plan to use 100,000 USDT with 3x leverage to go short. Not aiming to get rich quick, just looking to collect some funding fees and potentially profit from a pullback. Of course, all risks are my own—one day in crypto is like a year in the real world. What do you all think of this move? Anyone interested in analyzing this token together?
KITE1.39%
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probably_nothing_anonvip
· 11-25 13:14
Shorting KITE with 300,000 at 3x leverage? Bro, are you betting on funding fees or a pullback, have you figured it out? --- Shorting near historical highs is indeed tempting, but there are a bunch of market makers playing psychological games in this market, be careful of getting trapped. --- Daring to short when the funding fee is positive, are you really that bold or have you never seen the Get Liquidated concentration line? --- This operation has a bit of a gambler's flavor... But this strategy of eating up fees is indeed stable, just afraid that the price will suddenly pump in the reverse direction. --- I don't have the guts to short a coin that might To da moon with 3x leverage. --- Why not wait for a clear pullback signal before entering? It feels a bit rushed to go in now. --- KITE has been getting some attention recently, but are you sure this isn't catching a falling knife at the top? --- Is the funding fee worth taking the risk of 3x leverage, have you done the math? --- It seems logical, but the crypto world is most afraid of a sudden reversal when everything seems clear. --- I just want to know where your stop loss line is, don't wait until you regret it after getting liquidated.
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MiningDisasterSurvivorvip
· 11-25 12:46
100,000 shorting with 3x leverage? Bro, that's what I was thinking in 2018, and I ended up getting liquidated for three years. The funding fee barely made some small profits, and instead of a pullback, I ended up getting smashed in. Don't end up losing both the lady and the soldiers.
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AltcoinHuntervip
· 11-25 04:41
Hi there, shorting with 3x leverage... I'll be honest, this idea sounds reasonable, but I always feel like something is missing. Funding fees can indeed be a factor, but I've heard too many stories about reaching historical highs, and quite a few coins have directly skyrocketed. Going all in with 100,000 USDT is fine, but I'm just afraid that an extreme market situation could get you liquidated. My advice is to build a position in batches, don't go all in at once; the risk factor in the crypto world is really high. By the way, how long have you been researching this KITE asset?
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PrivacyMaximalistvip
· 11-22 17:49
Shorting 100,000 at 3x leverage, that's quite bold, just enjoy the funding fee and don't be greedy for the pullback space. --- Does hitting historical highs definitely mean a pullback? I don't think so, be careful not to get liquidated. --- The positive rate indicates that long positions are still strong, isn't shorting into that going against the trend? --- I don't quite understand this operation, why not just collect the funding fee and do nothing? --- I haven't followed this coin KITE, but shorting with 3x leverage sounds risky. --- In the crypto world, one day is like a year, are you trying to see the real world in just one day? --- The funding fee is indeed attractive, but using 3x leverage is honestly outrageous. --- Short it when the price hits a new high, isn't that a time management master?
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MysteryBoxOpenervip
· 11-22 17:48
100,000 3x Short KITE? This guy is really bold, the funding fee is comfortable but getting liquidated can be pretty fast. --- Shorting near historical highs, need to see if this wave is a real pullback or a new high; if you bet wrong, leverage will bleed. --- I know the rate is positive, but the issue is that eating the rate in an upward trend is betting on a reverse; if you're not careful, you might become a dumb buyer. --- It's not that it's impossible, but this 3x position is a bit risky, might need some mental preparation. --- 100,000 USDT on this feels a bit small; if a real pullback comes, you won't earn much. --- I've noticed KITE is close to its highs, but this market easily creates false breakouts; you need to set your stop loss well. --- Eating the fee is quite smart, but I'm just afraid of a black swan from policy or news; leverage will be in vain. --- Shorting with 3x leverage, where to set the stop loss? This is crucial. --- To be honest, short-term fluctuations can eat the fee, but how long is your holding period? If long, the risk is indeed not small. --- It's a bit tense; with such high short positions near historical highs, could this instead be a bottom signal?
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ShortingEnthusiastvip
· 11-22 17:47
$100,000 3x leverage short, that's a pretty big move. Can you really rely on funding fees to make stable profits? --- There’s definitely risk near historical highs, but the real worry is a sudden reversal upward and getting liquidated instantly with leverage. --- You think you can just lie back and win with positive funding? Bro, you’re oversimplifying it. If there’s no pullback, you’ll still get liquidated. --- I think chasing funding fees isn’t as good as waiting for a clearer technical signal. Shorting now just doesn’t feel like the right timing. --- Makes sense, but I haven’t followed KITE enough. What do you guys think of its fundamentals? --- Haha, one day in crypto is like a year in the real world. That’s spot on, but you could also get wiped out in a day just as fast. --- Earning funding from shorts is a steady approach, but it really depends if your mindset can withstand the pullbacks. --- $100,000 with 3x leverage, the key question is—where do you set your stop loss?
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GraphGuruvip
· 11-22 17:34
100,000 with 3x short on KITE, this guy is really bold. Just earn the funding fee, no need to bet on a pullback. --- Shorting near all-time highs sounds reasonable, but with this market... it's pretty hard to predict. --- If the funding rate is positive, you want to short. I thought the same way when I was bullish, ended up getting liquidated, haha. --- 3x leverage feels a bit aggressive. KITE's volatility is no joke when it moves. --- I'm all for earning free funding, but high pressure ≠ guaranteed pullback. "Invest at your own risk" is spot on. --- This pattern feels familiar—people who say this usually end up stepping on a landmine. --- 100,000 USDT, 3x short, just for the funding fee? Bro, your risk and reward really don't match up. --- KITE is so hyped right now, if you're going to short, make sure your stop-loss is tight. --- Spotting an overheated market is a good call, but real opportunities are rarely that obvious. --- I agree about the funding rate part, but betting on a pullback after that is just gambling.
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GamefiEscapeArtistvip
· 11-22 17:34
100,000 shorting KITE at 3x? Bro, that's quite the move, but it is indeed easy to experience dumping near historical highs. --- Making money shorting while the funding fee is positive? Sounds good, but don’t be too greedy; the pullback space is limited. --- Just afraid that after the rate goes down you might get hit with a Reverse dump; this wave feels a bit like gambling. --- 3x leverage with fee sounds stable, but with KITE's coin Fluctuation being so large, it’s quite daring. --- Positive rates during an overheated market are actually traps, easy to fall into a bull trap. --- Going for 100,000 at 3x, the mentality is still a bit anxious, my friend. --- The logic of shorting is acceptable, but the leverage ratio is a bit risky. --- Let’s wait and see; this wave might still have some upward space. --- Fee earnings sound great, but we also need to guard against extreme market conditions. --- How to say, it’s not the worst idea, but the timing feels a bit off.
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CoffeeOnChainvip
· 11-22 17:31
3x leverage shorting 100,000? Man, that's some real guts, the funding fee is indeed tempting but don’t get trapped. --- Why does it feel like those who short recently are dying pretty badly? Are you sure there’s really that much pullback space on the technical side? --- The funding fee is bearable, but the price is already at this level. What if it surges again, is your heart tough enough? --- I’m not trying to advise you, but 3x is a bit aggressive; why not go for 1.5x to be more stable and absorb the fee rate? --- I haven’t really paid attention to KITE, but your logic sounds quite rational. However, the changes in the crypto world are significant, be careful of a sudden pump. --- The positive fee rate is indeed a good point, but have you really thought it through about shorting near the top? --- Alright, I’ll follow up and see if you can actually catch the pullback this time, update your results.
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