$ZS rose 1.4% over the past 24 hours to 173.96, the funding rate is back to zero, and open interest is 851. The data are extremely dull, with no clear driver.
From a political and military perspective, this name is basically in a quiet period right now: geopolitical tensions have not been transmitted into it, and there is no capital game playing out either. A zero funding rate means both longs and shorts are waiting on the sidelines, with neither side willing to pay up first.
The strongest bearish counterpoint is that if risk-off sentiment suddenly intensifies, capital flowing into defensive sectors could give it a lift. But there are no signs of that for now; long positioning is light, and shorts have also not built up pressure.
Trading tag: #TradFi #链上美股 #ZS
Where do you think this whole line of reasoning is most likely to be wrong?
From a political and military perspective, this name is basically in a quiet period right now: geopolitical tensions have not been transmitted into it, and there is no capital game playing out either. A zero funding rate means both longs and shorts are waiting on the sidelines, with neither side willing to pay up first.
The strongest bearish counterpoint is that if risk-off sentiment suddenly intensifies, capital flowing into defensive sectors could give it a lift. But there are no signs of that for now; long positioning is light, and shorts have also not built up pressure.
Trading tag: #TradFi #链上美股 #ZS
Where do you think this whole line of reasoning is most likely to be wrong?