NVDA is exhibiting a classic long liquidation trap. Despite a nearly 6% price drop within 24 hours and an RSI entering oversold territory (28.4), the funding rate remains stubbornly high at 0.1383%. This indicates that retail long positions are refusing to capitulate, effectively paying a premium to hold losing positions. This creates a prime environment for a further 'flush' or cascade as the cost of carry forces forced liquidations, leading to a deeper price correction before any organic recovery can occur.