$PIPPIN Since the last drop to 0.7, the funding rate has never turned negative again, and sometimes it even reaches a positive premium of 0.1. Many retail traders are trying to buy the dip, thinking that the whales will let them make money, but in reality, the whales are just fake-rallying and then genuinely dropping the price. Always remember, before a real surge, there will be a significant retracement to shake out the long positions, and only then will the price start to rise. Right now, it's the domain of the bears. Hold your short positions well, and look to close below 0.15.