No new global news; $MU is driven solely by the order book action. Current price: 927.53, down 1.162% in 24h, volume 39.75 million, OI 128.3k. The key is funding: -0.00003774. Shorts are paying longs, but the price is still falling—this suggests shorts are spending to force the downside, not a genuine selloff. My take is that this kind of divergence is likely to rebound: shorts are paying their cost and waiting for a lower level; once the price stops falling, they get squeezed.
Trading tag: #TradFi #链上美股 #MU
Where do you think this thesis is most likely to be wrong?
Trading tag: #TradFi #链上美股 #MU
Where do you think this thesis is most likely to be wrong?