$NMR Short while the opportunity is hot! The longs are just 0.4 away from turning into an overall loss!
Take a look behind the scenes: the longs’ average cost is 14.14, while the current price is 14.53. Of the 3.51 million in heavily leveraged long positions, the total floating profit is surprisingly just 95,000—and this meager profit is concentrated in the hands of very few people. Out of 355 longs, based on a 21.69% win rate, only 77 are making money; the remaining 278 are already underwater.
The price only needs to fall another 0.4, breaking below the critical 14.14 level, for the longs’ total balance to instantly flip from profit to loss. Even the remaining 77 profitable traders will be unable to hold on. At that point, every long in the market will be facing losses, and selling pressure from panic selling and stop-outs will come flooding in.
The longs are just 0.4 away from a complete rout. If you’re not shorting now, what are you waiting for? Go short now!
$BTW $CAP
Take a look behind the scenes: the longs’ average cost is 14.14, while the current price is 14.53. Of the 3.51 million in heavily leveraged long positions, the total floating profit is surprisingly just 95,000—and this meager profit is concentrated in the hands of very few people. Out of 355 longs, based on a 21.69% win rate, only 77 are making money; the remaining 278 are already underwater.
The price only needs to fall another 0.4, breaking below the critical 14.14 level, for the longs’ total balance to instantly flip from profit to loss. Even the remaining 77 profitable traders will be unable to hold on. At that point, every long in the market will be facing losses, and selling pressure from panic selling and stop-outs will come flooding in.
The longs are just 0.4 away from a complete rout. If you’re not shorting now, what are you waiting for? Go short now!
$BTW $CAP
