Trump’s trade momentum cools off, and on-chain US stock futures contracts also have to look at policy “face.” Over the past $MVLL 24 hours, they fell 3.67%. The funding rate has dropped to zero, and open interest is still above 260,000 contracts. The market is waiting for Trump’s next clearly stated policy—so both bulls and bears don’t dare to move, turning into a typical wait-and-see market.
A structure with zero fees and high open interest is either a consensus that’s extremely weak, or silence ahead of a major event. Once Trump makes a clear statement with a positive or negative catalyst, the piled-up positions will instantly choose a direction. I think there will be short-term range-bound movement, but until the policy is implemented, volatility will be compressed.
Trading tag: #TradFi #链上美股 #MVLL
Where do you think this assessment is most likely to be wrong?
A structure with zero fees and high open interest is either a consensus that’s extremely weak, or silence ahead of a major event. Once Trump makes a clear statement with a positive or negative catalyst, the piled-up positions will instantly choose a direction. I think there will be short-term range-bound movement, but until the policy is implemented, volatility will be compressed.
Trading tag: #TradFi #链上美股 #MVLL
Where do you think this assessment is most likely to be wrong?