$KAT Retail investors are 55% long, do you think the market maker will help lift them?
Funding rate -0.0595%, shorts are paying longs, the time is not on the shorts' side.
Open interest decreased by 7.9%, leverage is being unwound, floating positions are being cleared, this structure is actually cleaner.
Long/short ratio 55/44, longs are dominant but not extreme, market makers are not ready to harvest yet, it’s more comfortable to go long than short at this position.
I entered myself, stop loss at 0.010812, first target at 0.015582, after reaching partial take profit, continue holding