ETH paired with BTC x GME stock
What happened to GameStop stock? This is very interesting because it helps to understand the “mechanics” behind the formation of such a specific arc (logarithmic chart).
1. Professionals were actively taking short positions.
2. Uncovered shorts forced sellers to buy back shares (to close positions) as the price increased, which further accelerated buying.
3. Volatility and price growth fueled enthusiasm, increasing demand and triggering a pump.
The GameStop situation was long considered a “retail victory,” but as it turned out, it wasn’t entirely so—it was a coordinated move by some major players against others who were heavily shorting the stock, being absolutely convinced of the company’s failure.
How much hate is there around ETH? How many bloggers are writing, “ETH is useless now”? Exactly. Meanwhile, ETH has 6-8 times the TVL of SOL!
What happened to GameStop stock? This is very interesting because it helps to understand the “mechanics” behind the formation of such a specific arc (logarithmic chart).
1. Professionals were actively taking short positions.
2. Uncovered shorts forced sellers to buy back shares (to close positions) as the price increased, which further accelerated buying.
3. Volatility and price growth fueled enthusiasm, increasing demand and triggering a pump.
The GameStop situation was long considered a “retail victory,” but as it turned out, it wasn’t entirely so—it was a coordinated move by some major players against others who were heavily shorting the stock, being absolutely convinced of the company’s failure.
How much hate is there around ETH? How many bloggers are writing, “ETH is useless now”? Exactly. Meanwhile, ETH has 6-8 times the TVL of SOL!
노트
“EXTREME SHORT POSITIONING” on ETH (on the Chicago Exchange)ETH will show us a masterclass in short squeezing!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.