How to identify market makers controlling the market trend to avoid getting liquidated?

If you see:
1. The contract price has long been significantly deviating from the spot price ( > 0.5% )
2. The funding rate has been extremely biased in one direction for a long time (, for example, continuously for several hours at -1% or even -2% ).
3. The settlement frequency has been temporarily increased to once every hour or even more frequently (.

Then it's highly likely that the market maker is intentionally maintaining the decoupling:
▪️Price deviation → leads to extreme funding fees
▪️High-frequency settlement One Accelerate the capital extraction from one party
▪️After the funds of the party being harvested are exhausted, the market maker pulls back.

4. Why is +2% rarely seen, but -2% is often encountered?

This is a market structure issue:
▪️Most people prefer to go long ) long sentiment naturally outweighs short (
▪️In extreme market conditions, if you want to kill the long positions, let the contract price drop below the spot price → the funding rate becomes negative ) and the shorts pay the longs (.
▪️The bulls are "holding on to the money" in low-priced contracts → The bears are bleeding and accelerating liquidation.
▪️Conversely, to achieve +2%, the contract price needs to be significantly higher than the spot price. This situation is difficult to maintain because short sellers will quickly rush in to pull back the price.

In other words:
High negative fees are more easily maintained by market makers, and ) suppressing prices is easier (.
It is more difficult to maintain a high fee rate ), pushing up prices is very costly (.

Don't stubbornly hold onto contracts. You might dodge it once or twice, but eventually, you'll get hit. Don't let a single blow take you down.