$ALAB surged by 7.89%, but the funding rate didn’t move at all and stayed at zero. The price is rising, but the funding doesn’t follow—this is being pushed by one-sided spot sentiment, and the leveraged longs haven’t gone crazy yet.
The last time a similar structure appeared was on another stock last month. The price rose by 8% but the rate stayed at zero. The result was that within three days, half of the gains were given back. Since the longs have no cost pressure, and the shorts aren’t being squeezed, the rally is driven purely by order-driven sentiment. As soon as anything changes, the traders run faster than anyone.
I’m planning to short it. I’ll place a 3x short order, set a stop-loss at 375, take profit at 340, with a position size of 20%. The logic is simple: a push higher without any funding support is likely to be a short-lived move. If the price breaks above 375 with volume, I’ll admit I’m wrong and exit—that would mean new money is stepping in to take over.
Trading tag: #TradFi #链上美股 #ALAB
Where do you think this assessment is most likely to be wrong?
The last time a similar structure appeared was on another stock last month. The price rose by 8% but the rate stayed at zero. The result was that within three days, half of the gains were given back. Since the longs have no cost pressure, and the shorts aren’t being squeezed, the rally is driven purely by order-driven sentiment. As soon as anything changes, the traders run faster than anyone.
I’m planning to short it. I’ll place a 3x short order, set a stop-loss at 375, take profit at 340, with a position size of 20%. The logic is simple: a push higher without any funding support is likely to be a short-lived move. If the price breaks above 375 with volume, I’ll admit I’m wrong and exit—that would mean new money is stepping in to take over.
Trading tag: #TradFi #链上美股 #ALAB
Where do you think this assessment is most likely to be wrong?