Below around 1887, there are 560 million long positions lying idle. These people have a simple idea: they believe 1900 is a solid bottom and are holding on stubbornly without selling.


Above around 2148, there are 480 million short positions lying idle. These folks think the rebound has reached its limit and are waiting to short and make a profit.
Honestly, this position is quite awkward. If you ask me what the market makers are thinking—if I were a market maker, I would also be pondering this morning: should I first push down to wipe out those long positions below, or directly push up to blow out all the shorts?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments