$SIREN This coin has moved too aggressively, first harvesting both long and short positions, and then rising directly from 0.713 to 1.62 in a day, an increase of nearly 56%.

The total contract trading volume is around seven to eight billion, while the spot market is one or two billion, indicating very high activity. The power of longs and shorts is roughly equal, slightly leaning towards the bulls. The funding rate is negative, meaning longs have to pay fees, and there is a risk of short-term pullback.

This coin is too volatile; do not blindly chase high prices, just patiently wait for opportunities to short at high levels.