Above 78 has already reached the extreme high end of my expected range; I originally intended to short a position. But after seeing this chart below, I held back. In the current futures market, the average hourly funding payment from short to long positions in perpetual contracts has reached $473,000, while open interest continues to rise despite negative premium... (This phenomenon did not occur when the price rebounded to $97,000 on January 14.) Since childhood, teachers have told us: avoid places where too many people gather—they might be dangerous! I’ve always been a good student.

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