MicroStrategy fell 2.61% in a day to 125.20, leaving it less than three dollars above its 24-hour low of 122.50—like standing at the edge of a staircase, one step back from missing your footing. (This is the price of MicroStrategy’s USDT perpetual contract on OKX, not the US stock.)
Honestly, 2.61% by itself really isn’t much. What’s unsettling is where it is: it hasn’t fallen that far, but it’s awfully close to the floor. Just a little lower and it’ll hit a new intraday low. Those holding it want to get out, but worry they’ll sell at the bottom; they want to hold on, but fear this is only the beginning.
If I had to choose, I’d lean more toward sitting on the sidelines. But if it can’t hold the 122.50 level, none of that matters. If it really breaks below, I’ll have to change my mind—that would mean it still hasn’t found a level below where buyers can catch it.
If it can’t hold the 122.50 level, how much room do you think it has to fall?
$MSTR
#美股 #MarketAnalysis
Honestly, 2.61% by itself really isn’t much. What’s unsettling is where it is: it hasn’t fallen that far, but it’s awfully close to the floor. Just a little lower and it’ll hit a new intraday low. Those holding it want to get out, but worry they’ll sell at the bottom; they want to hold on, but fear this is only the beginning.
If I had to choose, I’d lean more toward sitting on the sidelines. But if it can’t hold the 122.50 level, none of that matters. If it really breaks below, I’ll have to change my mind—that would mean it still hasn’t found a level below where buyers can catch it.
If it can’t hold the 122.50 level, how much room do you think it has to fall?
$MSTR
#美股 #MarketAnalysis