$BTW Friends, if you get an opportunity to close your short position, take it. Don’t miss the chance to manage your risk.
A large number of short positions have already accumulated above the current price. The market may be undergoing a small correction to trigger long stop-losses before potentially moving higher to liquidate short positions.
A sharp short squeeze could push the price toward $3–$4, although this is not guaranteed. If you still have an open short position, consider closing it when you get the opportunity. Protect your capital before it’s too late!
A large number of short positions have already accumulated above the current price. The market may be undergoing a small correction to trigger long stop-losses before potentially moving higher to liquidate short positions.
A sharp short squeeze could push the price toward $3–$4, although this is not guaranteed. If you still have an open short position, consider closing it when you get the opportunity. Protect your capital before it’s too late!