$MSTR falls 2.74% to 141.18. The funding rate has dropped to zero, with a position size of 450,000. Trump’s tariff policy keeps flipping back and forth—tech stocks and crypto sentiment both get hit hard. This one is perfectly stuck in the crack.
As expectations for tougher tariffs build, funds first pull out from high-beta targets like on-chain US stocks. A zero rate value means neither longs nor shorts dare to go all-in on leverage; everyone is waiting for the policy to land. If tariffs truly get implemented, leveraged long positions may be forced into stop-losses below 140.
A strong counter-indicator is that if tariffs get loosened and risk appetite improves, that could spark a rebound. But I think the probability of continued pressure is high.
Trading tag: #TradFi #链上美股 #MSTR
Where do you think this thesis is most likely to be wrong?
As expectations for tougher tariffs build, funds first pull out from high-beta targets like on-chain US stocks. A zero rate value means neither longs nor shorts dare to go all-in on leverage; everyone is waiting for the policy to land. If tariffs truly get implemented, leveraged long positions may be forced into stop-losses below 140.
A strong counter-indicator is that if tariffs get loosened and risk appetite improves, that could spark a rebound. But I think the probability of continued pressure is high.
Trading tag: #TradFi #链上美股 #MSTR
Where do you think this thesis is most likely to be wrong?