Q: What does a 19.35% increase in open interest over $AKE 24 hours, alongside a 24.07% price drop, mean?
A: New short positions may be adding to their bets during the decline, though some longs may also be buying the dip. Bears seem more active for now, but the more crowded the positions become, the sharper a short squeeze could be.
Be aware of the risks and make your own decisions.
A: New short positions may be adding to their bets during the decline, though some longs may also be buying the dip. Bears seem more active for now, but the more crowded the positions become, the sharper a short squeeze could be.
Be aware of the risks and make your own decisions.
