“Hey Heisenberg, all you do is talk bull. Give us some bear names to short into will ya?”
$SNDK $STX $MU $WDC
And many Quantum names. I will not list.
I’m not saying a severe crash. Nor is a pullback immediately imminent.
What I am saying is these recent 400% unabated moves in the said 4 above need to cool off a bit. Can be tomorrow. Can be next week. Can be next month.
And when it does cool off say in the 10-20% variety, no one should act surprised. Healthy at the very least.
I have seen this picture over and over before where buying is indiscriminate and at almost reckless abandon.
At this point, it’s a contrarian trade since NO ONE wants to short it.
Just watchlist for now. But gut feeling.
Show original
34.23K
148
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.