I've been watching $RDNT's price action lately and noticed something pretty interesting—a lot of people are clearly dumping on the contract funding rate side, but the price is holding strong and just won't go down.

If this isn't someone propping up the market, I really can't think of any other explanation. It's a classic bear trap, forcing retail investors to give up their positions.

So personally, I'm still leaning bullish. Of course, even if you really want to short, this is definitely not a good time. I tried opening positions twice in the past couple of days, in and out, but in the end I chose to wait and see until there's a clearer signal.