What does $S 's position reveal? Positions are up 15.66% over 24 hours, while the price is down 3.63%, with open positions worth approximately $12.59 million.
My take: it looks like shorts are adding to their positions as prices fall, so short-term pressure may not have eased yet. But if the market bottoms out and rebounds, these short positions could fuel the rally.
Do you usually use a stop-loss when entering a position?
#S
My take: it looks like shorts are adding to their positions as prices fall, so short-term pressure may not have eased yet. But if the market bottoms out and rebounds, these short positions could fuel the rally.
Do you usually use a stop-loss when entering a position?
#S