Just a heads-up, guys: I was checking the futures data, and there’s an interesting detail about $ARIA : open interest is up 26.78% over the past 24 hours, while the price is down 1.03%.
The price is moving sideways, but positions are piling up. I’ve been burned by this before: the longer a market stays coiled like this, the bigger the move can be—but there’s no way to know in advance which way it’ll go. So these days, I keep my position light and wait to see how it plays out.
What would you do in this situation?
The price is moving sideways, but positions are piling up. I’ve been burned by this before: the longer a market stays coiled like this, the bigger the move can be—but there’s no way to know in advance which way it’ll go. So these days, I keep my position light and wait to see how it plays out.
What would you do in this situation?