$MUU 24 hours down 1.44%, price at 32.77, but the open contracts remain at a high level of 145,000 lots. Price is weakening while positions do not decrease; longs and shorts are locked in a stalemate over political topics, and each wants the other to be the first to concede. Current funding rate is zero, so long and short costs are even. With high open positions under such low volatility, the biggest fear is a sudden political/economic news event triggering a one-way stampede. If the price breaks below the integer level of 32, the long stop-loss orders may set off a chain reaction—I will liquidate the remaining experimental position when it drops below 32.

Trading tags: #TradFi #链上美股 #MUU

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