What does $Q ’s position reveal? Over 24 hours, positions are down 38.24% and the price is up 74.71%, with roughly $35.06 million in exchange funds.
My take: it’s probably shorts closing their positions. The price move may be driven mainly by buybacks; once those are done, we’ll see whether new longs are willing to step in.
How much leverage do you usually use?
#Q
For discussion purposes only. Trade at your own risk.
My take: it’s probably shorts closing their positions. The price move may be driven mainly by buybacks; once those are done, we’ll see whether new longs are willing to step in.
How much leverage do you usually use?
#Q
For discussion purposes only. Trade at your own risk.