NVDA was pulled up from 219 to 230.34, then bounced back to 226. It looks like the rebound has volume, but this is essentially the “pump and dump” script: in the past 24 hours it’s up 2.5%, yet the price is still sitting below the 20-day and 50-day moving averages. On the 4-hour chart there are six K-lines—three bullish and three bearish.
The real signal is in the derivatives: in active trades, the buy-side accounts for only 33.7%. In the last 7 hours, the active buy volume dropped 73%. Sell orders are nearly twice the size of buy orders. When price moves upward, it’s someone pressing bids to unload supply—not fresh money entering.
Look at the big players too: two days ago, the whale account’s net long share was still 67%; now it’s down to 52.4%. The long positions’ share has also fallen back to around the 50% mark and continues trending lower. Fees are back to zero, and open interest has shrunk by 2.8% in a day—leverage isn’t being added; it’s being unwound.
At this level, my stance is very direct: short near 226. Take profit below the prior low at 219. Stop loss above 230.34. Unless the active buy order flow reclaims 50%+, the whale long-share stops falling, and price rises with volume and closes above the 50 moving average—only when all three line up will I switch to going long.#nvda $NVDA
The real signal is in the derivatives: in active trades, the buy-side accounts for only 33.7%. In the last 7 hours, the active buy volume dropped 73%. Sell orders are nearly twice the size of buy orders. When price moves upward, it’s someone pressing bids to unload supply—not fresh money entering.
Look at the big players too: two days ago, the whale account’s net long share was still 67%; now it’s down to 52.4%. The long positions’ share has also fallen back to around the 50% mark and continues trending lower. Fees are back to zero, and open interest has shrunk by 2.8% in a day—leverage isn’t being added; it’s being unwound.
At this level, my stance is very direct: short near 226. Take profit below the prior low at 219. Stop loss above 230.34. Unless the active buy order flow reclaims 50%+, the whale long-share stops falling, and price rises with volume and closes above the 50 moving average—only when all three line up will I switch to going long.#nvda $NVDA
