$CSCO over the past 24 hours fell 4.66%, and the funding rate remains positive at 0.00018.
Political uncertainty is suppressing risk appetite for tech stocks. Current U.S. election or rumors of policy changes directly affect tech companies’ earnings expectations, and CSCO, as a traditional tech representative, is the first to be hit. The fact that the funding rate is falling along with the price indicates that while prices are dropping, bullish capital is still trying to bottom-fish; longs may be taking on grind that wears them down. This is a one-way fragile structure.
The strongest counterevidence is that if the election outcome becomes clear or there are clear positive developments in tech regulation policy, the share price could quickly rebound.
Trading tag: #TradFi #链上美股 #CSCO
Where do you think this assessment is most likely to be wrong?
Political uncertainty is suppressing risk appetite for tech stocks. Current U.S. election or rumors of policy changes directly affect tech companies’ earnings expectations, and CSCO, as a traditional tech representative, is the first to be hit. The fact that the funding rate is falling along with the price indicates that while prices are dropping, bullish capital is still trying to bottom-fish; longs may be taking on grind that wears them down. This is a one-way fragile structure.
The strongest counterevidence is that if the election outcome becomes clear or there are clear positive developments in tech regulation policy, the share price could quickly rebound.
Trading tag: #TradFi #链上美股 #CSCO
Where do you think this assessment is most likely to be wrong?