The bulls and bears are already at odds at this level. $ASML is up 2.25% today, trading at 1,464.6 after climbing from 1,396.9 to hover near the 24-hour high of 1,467.9—that’s the price of the ASML USDT perpetual contract on OKX.
It’s gone up, sure, but honestly, I’m a little conflicted: after climbing from the low to near the high, it’s been pushing higher all day. I’m worried that if I chase it, I’ll be buying at the top; but if I don’t, I might miss it breaking through and holding above this level.
I could be wrong, but this move looks more like a catch-up rally than the start of a new run. I’ll own it if I’m wrong—the key level is 1,467.9. If it holds above that, then it holds above that.
Do you think tonight’s move in US stocks will spill over into crypto?
$ASML
#美股 #Market Analysis
It’s gone up, sure, but honestly, I’m a little conflicted: after climbing from the low to near the high, it’s been pushing higher all day. I’m worried that if I chase it, I’ll be buying at the top; but if I don’t, I might miss it breaking through and holding above this level.
I could be wrong, but this move looks more like a catch-up rally than the start of a new run. I’ll own it if I’m wrong—the key level is 1,467.9. If it holds above that, then it holds above that.
Do you think tonight’s move in US stocks will spill over into crypto?
$ASML
#美股 #Market Analysis