If you are blindly longing this recent pump to catch the next leg up, stop now. Many traders are jumping into late-stage rallies only to watch their capital get slowly eaten away by massive funding rates. It is painful to watch a trade go in your direction but still lose money because you did not check the fee schedule.

We are seeing this play out right now with $TAIKO, which recently surged from 0.07 to 0.53. The market is divided on whether it will pull a massive run like $SIREN to hit $4, or if it is about to top out. The bullish side says to ride the momentum to 0.80, but the risk of a massive pullback is high.

My take is that trying to long here is a trap. While a push to 0.80 is possible, the insane hourly funding fees mean you are bleeding capital just to hold the position. It is much smarter to wait for the exhaustion pump and prepare to short it, especially since we have seen similar tokens like $NFP crash back to earth after the hype dies down.

Do you think we see one last push higher, or is the dump already starting?

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