$UNI In this round of short positions, what they’re really eating is a shift in sentiment.
When the market was rising earlier, it gave very strong expectations. The price once surged to around 4.57, and many people, seeing the consecutive pumps, started chasing longs.
But trading can’t only look at how much it’s gone up—you also have to see whether there’s still ongoing momentum after the rise.
At the time, I noticed that after the price hit the highs, it didn’t keep breaking through. Instead, it began to range in the high zone, the moving averages gradually flattened, and momentum on the 1-h