This is absolutely jaw-dropping!
$GTC 24 hours: down 14.48%, yet open interest is up 28.34%! Looks like the shorts are piling in.
But with short positions this crowded, even a brief rally could trigger a very sharp covering rush. Don’t go all in.
Describe your current view in one word?
$GTC 24 hours: down 14.48%, yet open interest is up 28.34%! Looks like the shorts are piling in.
But with short positions this crowded, even a brief rally could trigger a very sharp covering rush. Don’t go all in.
Describe your current view in one word?