The most ironic truth about the contract market:

It's not the short sellers crashing the decline, but the bulls bottom-fishing and collapsing

Everyone wants to jump ahead, everyone wants to catch the bottom, no one wants to short,
Funding rates staying positive is the most genuine sign of crazy sentiment

There is only one bottom, predictions are meaningless
New lows keep coming, and people keep blindly going long. It's not a game of strategy, but pure giving away
Understanding the long and short structures is the key to not becoming fuel for the market