Recently, $PIPPIN's popularity has declined. Although the longs haven't made much profit, the funding rate remains moderate, and holding long-term can gradually recover.
The shorts are not so comfortable. Currently, the market is fluctuating within this range, with limited gains. Coupled with high funding rates, continuous losses are unavoidable. Instead of stubbornly holding on, it's better to look at other cryptocurrencies—some projects offer significantly better value.
That's how the market works; choosing the right direction and targets is the key.
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ZeroRushCaptain
· 5h ago
Uh... the bulls are slowly recovering, while the bears keep losing blood. It sounds just like my account history, haha.
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FudVaccinator
· 5h ago
The short position really got hit this time. Holding on with such high fees is truly self-inflicted pain.
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0xSunnyDay
· 5h ago
This wave of shorting is really tough. With such high funding rates, it's better to cut losses early and buy the dip in other projects.
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HalfIsEmpty
· 5h ago
Short positions are indeed uncomfortable, but to be honest, PIPPIN this time doesn't have much potential. Still need to look for other opportunities.
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MissedTheBoat
· 5h ago
Shorts are really painful right now. I already withdrew earlier to buy the dip at other lower levels.
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quiet_lurker
· 5h ago
This wave of short selling is really a bloodbath. Instead of stubbornly holding onto PIPPIN, it's better to look for other opportunities.
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GasFeeNightmare
· 5h ago
It's the same old story, and it sounds nice to say there's no certainty. I took a look at the gas tracker, and the cost of cross-chain arbitrage for other tokens, when calculated, is actually not as good as waiting in PIPPIN. Talking about cost-effectiveness, once I start operating, half of the profit will be eaten up by miner tips.
Recently, $PIPPIN's popularity has declined. Although the longs haven't made much profit, the funding rate remains moderate, and holding long-term can gradually recover.
The shorts are not so comfortable. Currently, the market is fluctuating within this range, with limited gains. Coupled with high funding rates, continuous losses are unavoidable. Instead of stubbornly holding on, it's better to look at other cryptocurrencies—some projects offer significantly better value.
That's how the market works; choosing the right direction and targets is the key.