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#数字资产市场动态 $ZKP after launching on a major Korean exchange, this wave of market movement increased by 22%.
Currently, the funding rate is as high as 1.4/hour. Logically, such positive news should turn into a bearish signal, but looking at on-chain data, although funds have been flowing out, the K-line remains on an upward trend—clearly, there are major players supporting the market. In this situation, shorting directly is quite awkward, as you risk getting trapped and continuously paying funding fees.
There should be quite a few people holding short positions now.
From a technical perspective, caution is still advised in the short term. The cost of shorting is no longer low, and $ETH $RIVER is also changing, so the overall market rhythm needs further observation.