$HYPE surged 16%! The biggest danger isn’t missing out—it’s thinking you can blindly go long and still make money!
The real market trap has never been how much the price has fallen. It’s when everyone thinks it can still go higher, and you end up being the last one left holding the bag!
On the news front, the institutional premium is back to 1, and the parent company of the NYSE is also coming on board—a clear catalyst for a rally.
As for funds, nearly 10 million poured in over the short term (15 minutes), but zooming out (1 day or more), money is still flowing out.
Technically, one big bullish candle shot straight through 85, but the RSI has climbed all the way to 91—severely overbought.
What does that tell us? A new major player is forcing a short squeeze, swallowing up all the underwater and profit-taking positions from earlier!
Dasheng’s trading advice: Aggressive followers can open short positions at the current price; more cautious followers can open short positions near 90. #FOMC会议
The real market trap has never been how much the price has fallen. It’s when everyone thinks it can still go higher, and you end up being the last one left holding the bag!
On the news front, the institutional premium is back to 1, and the parent company of the NYSE is also coming on board—a clear catalyst for a rally.
As for funds, nearly 10 million poured in over the short term (15 minutes), but zooming out (1 day or more), money is still flowing out.
Technically, one big bullish candle shot straight through 85, but the RSI has climbed all the way to 91—severely overbought.
What does that tell us? A new major player is forcing a short squeeze, swallowing up all the underwater and profit-taking positions from earlier!
Dasheng’s trading advice: Aggressive followers can open short positions at the current price; more cautious followers can open short positions near 90. #FOMC会议
