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!
Nota
“EXTREME SHORT POSITIONING” on ETH (on the Chicago Exchange)ETH will show us a masterclass in short squeezing!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.