$PLUME DATA CHECK 📊
Price is down today, but the margin data tells another story.
• Margin debt is still fluctuating sharply.
• Long-short positioning has moved toward the higher end of its recent range.
• That means positioning is getting more important to watch.
My takeaway:
Don’t read positioning as a guaranteed direction. Watch whether leverage cools down or keeps building.
Data first. Decisions second.
#plume
Price is down today, but the margin data tells another story.
• Margin debt is still fluctuating sharply.
• Long-short positioning has moved toward the higher end of its recent range.
• That means positioning is getting more important to watch.
My takeaway:
Don’t read positioning as a guaranteed direction. Watch whether leverage cools down or keeps building.
Data first. Decisions second.
#plume
