Here we go!
Over $APR 24 hours, it dropped 40.09%, while open interest actually rose 129.86%! Looks like the bears are piling into shorts 🩸
But with shorts this crowded, even a small rally could trigger a very sharp rush to cover. Don’t get carried away!
What do you think happens next?
Stay level-headed. Don’t get carried away.
Over $APR 24 hours, it dropped 40.09%, while open interest actually rose 129.86%! Looks like the bears are piling into shorts 🩸
But with shorts this crowded, even a small rally could trigger a very sharp rush to cover. Don’t get carried away!
What do you think happens next?
Stay level-headed. Don’t get carried away.