$UVXY 24 hours down 4.152%, current price 23.78. Funding rate has reverted to zero, and open interest is 30,018.63. No matter how loud the political and military noise gets, the order book hasn’t priced in any panic premium.

I look at it the other way: the scarier the headline, the easier it is for people chasing volatility to catch a falling knife. With the funding rate at zero, neither side got squeezed into a liquidation explosion. A fast rally feels more like a sell signal.

If the pullback can’t break 23.78, I’ll short with $100, 2x leverage, using 10% of my position size. If price returns to 23.78, I’ll cut the loss; take profit at the previous low.

Trading tag: #TradFi #链上美股 #UVXY

How do you see UVXY given the policy impact?