Watching it rise while having none yourself feels worse than watching it fall. Tesla $TSLA is up 3.39% today, at 390.04—just a step away from its 24-hour high of 392.95.

It climbed all the way up from 374.20. Chasing it at this level could mean getting caught in a downturn with just one bearish candle; those who didn’t get in can only watch it keep climbing. To be clear, this is the price of Tesla USDT perpetual contracts on OKX, not the spot price of the stock.

I’m inclined to sit tight for now, since it’s so close to the high and chasing could mean buying at the top. But if it can hold above 392.95, I’ll change my mind immediately and admit this rally still has momentum.

Do you think tonight’s move in US stocks will spill over into crypto?

$TSLA
#美股 #Tesla