$COHR 24 hours up 7.12%, the funding rate drops to zero—this setup is interesting. Geopolitical tensions heating up is good for semiconductors, but the market hasn’t given it a penny of funding; longs and shorts are stuck in a stalemate. Old Dog’s view: this is likely a quiet, standalone trend; the position size at 25173 is relatively stable, not driven by retail sentiment. The counterargument: the rally may have already priced in expectations; if geopolitics cools down, it will be knocked back to square one. The invalidation point is if the price falls below 290—then the structure is broken. I plan to go long with a 2% position size; my stop-loss will be set below 290.

Trading tags: #TradFi #链上美股 #COHR

Where do you think this thesis is most likely to be wrong?