$NVDL leveraged ETF, down 5.04% in 24 hours, while the funding rate remains positive at 0.0019. The longs are clinging to the positive funding rate amid the selloff—this is a typical high-cost positioning structure. Any short-term rebound is likely to be knocked down by sell-off positioning.
As a technology leader, Nvidia’s leveraged products are extremely sensitive to shifts in political sentiment. Any changes in expectations around chip export controls or industrial subsidy policies will be amplified several times on the leveraged side. With the price falling and the funding rate still positive, it suggests the market’s pricing of policy uncertainty is starting to show up, but it hasn’t reached the panic-liquidation stage yet.
Trading tag: #TradFi #链上美股 #NVDL
Where do you think this thesis is most likely to be wrong?
As a technology leader, Nvidia’s leveraged products are extremely sensitive to shifts in political sentiment. Any changes in expectations around chip export controls or industrial subsidy policies will be amplified several times on the leveraged side. With the price falling and the funding rate still positive, it suggests the market’s pricing of policy uncertainty is starting to show up, but it hasn’t reached the panic-liquidation stage yet.
Trading tag: #TradFi #链上美股 #NVDL
Where do you think this thesis is most likely to be wrong?