Let’s go through a few numbers first: $AKE 15-minute open interest is up 4.39%, with total open interest at $9.36 million; over the same period, the price is down 4.38%, and the 24-hour change is -35.09%.
Leverage is clearly building up. Treat any bounce during the decline as a technical recovery for now—don’t rush to call a bottom. What’s your take at this point?
Leverage is clearly building up. Treat any bounce during the decline as a technical recovery for now—don’t rush to call a bottom. What’s your take at this point?
