TQQQ surged 5.1% over the past 24 hours. This rally is most likely driven by the warming up of the “Trump trade.” The funding rate has stayed at 0, indicating a relatively balanced market between longs and shorts. This move doesn’t look like shorts getting squeezed out; it looks more like new longs are entering and betting on strength in U.S. equities. When the funding rate is neutral, the price still has room to rise, and buy-side pressure remains strong.
The strongest counterargument is: if policy expectations fail to materialize and U.S. stocks pull back, the three-times downside of TQQQ would be amplified. The key is whether the price can hold the level around 80.
If policy support continues to be favorable, the risk of being forced to cover short positions increases.
Trading tag: #TradFi #链上美股 #TQQQ
Where do you think this assessment is most likely to be wrong?
The strongest counterargument is: if policy expectations fail to materialize and U.S. stocks pull back, the three-times downside of TQQQ would be amplified. The key is whether the price can hold the level around 80.
If policy support continues to be favorable, the risk of being forced to cover short positions increases.
Trading tag: #TradFi #链上美股 #TQQQ
Where do you think this assessment is most likely to be wrong?