First, look at a few figures: $ON 1-hour open interest is up 5.43%, with total open interest at $7.87 million; the price is down 10% over the same period, and 24h is down 61.59%.
Leverage is clearly building up. Don’t average down on a mistaken thesis. If the market moves against you from here, how will you respond?
#ON
Leverage is clearly building up. Don’t average down on a mistaken thesis. If the market moves against you from here, how will you respond?
#ON
