Let's talk about what just happened with $SHELL : -13.05% in 1 hour.
Sharp drops often come with a wave of liquidations in leveraged long positions. After the shakeout, there’s sometimes a short-term rebound. Whenever the market moves like this, people in the comments get excited, but I’d rather wait and see.
Sharp drops often come with a wave of liquidations in leveraged long positions. After the shakeout, there’s sometimes a short-term rebound. Whenever the market moves like this, people in the comments get excited, but I’d rather wait and see.