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$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 the rest.
Whether it can reach 0.018444 is unknown, if you can hold, run; if you can't, exit.