$SAND keep going empty! In these ten-odd hours it has risen another 20%, but looking at the real actions of the “smart money” on the back end, it’s completely opposite operation.
At around dawn, the longs had 543 people versus 232 shorts; now that the price is up, the longs not only didn’t follow through—they quietly withdrew 19. Meanwhile, the opposing short-sellers猛增 by 100 people in one go. Their total positions jumped to 6.68 million U, completely taking the lead over the longs.
As the price rises but the main force is疯狂 opening shorts, this means that in the eyes of the main force, this rally is not a chance to board—it’s an excellent spot to build a short position for a dump. Retail traders, blinded by the upward move, blindly chase longs; the smart money, however, opens shorts calmly based on where the price is.
I’m not interested in keeping company with retail traders as they celebrate at the mountaintop—I only stand with the smart money. The short positions have already continued to be heavily added to, just waiting for the main force to dump and close the net. #SAND # contract trading
At around dawn, the longs had 543 people versus 232 shorts; now that the price is up, the longs not only didn’t follow through—they quietly withdrew 19. Meanwhile, the opposing short-sellers猛增 by 100 people in one go. Their total positions jumped to 6.68 million U, completely taking the lead over the longs.
As the price rises but the main force is疯狂 opening shorts, this means that in the eyes of the main force, this rally is not a chance to board—it’s an excellent spot to build a short position for a dump. Retail traders, blinded by the upward move, blindly chase longs; the smart money, however, opens shorts calmly based on where the price is.
I’m not interested in keeping company with retail traders as they celebrate at the mountaintop—I only stand with the smart money. The short positions have already continued to be heavily added to, just waiting for the main force to dump and close the net. #SAND # contract trading