That drop probably woke a lot of people up. Nvidia (NVDA) fell 5.44% in a day, with the perpetual contract trading at 177.56—just a step above its 24-hour low of 174.76. (This is the price of the USDT perpetual contract on OKX.)
Anyone who thought it was holding steady just a couple of days ago must be feeling pretty rough today. If you’re holding, you want to get out but worry you’ll sell at the bottom; if you’re not holding, seeing a drop like this makes you itch to buy. That’s the dilemma.
With a drop this sharp, I think it’s better not to rush to conclusions. If 174.76 holds, that gives the bulls some breathing room; if it doesn’t, the panic could spread further. I could be wrong, but I’d lean toward sitting tight for now and seeing whether it stabilizes around 174.76. But if it falls below 174.76, I’ll change my mind immediately.
For those holding NVDA, be honest: are you more tempted to buy more or to get out right now?
$NVDA
#美股 #Market analysis
Anyone who thought it was holding steady just a couple of days ago must be feeling pretty rough today. If you’re holding, you want to get out but worry you’ll sell at the bottom; if you’re not holding, seeing a drop like this makes you itch to buy. That’s the dilemma.
With a drop this sharp, I think it’s better not to rush to conclusions. If 174.76 holds, that gives the bulls some breathing room; if it doesn’t, the panic could spread further. I could be wrong, but I’d lean toward sitting tight for now and seeing whether it stabilizes around 174.76. But if it falls below 174.76, I’ll change my mind immediately.
For those holding NVDA, be honest: are you more tempted to buy more or to get out right now?
$NVDA
#美股 #Market analysis