$DOT DOT spent a full week grinding along near the lows. The bears kept pushing it down, but once it got near 1.159, they just couldn’t push it any lower.
The market barely fell at all, yet the bears’ open interest was the first to drop—by nearly 6%.
With overall market sentiment this terrible, it stubbornly held sideways instead of following the market down. It’s obvious there’s money firmly supporting it from below. The bears can’t drive it into a deep hole, and they’re already fleeing. At this level, even a little buying pressure will leave the remaining shorts completely wrecked.
#9月CPI来袭原油美债走势如何 #DOT $DOT #BTW $BTW 👇
The market barely fell at all, yet the bears’ open interest was the first to drop—by nearly 6%.
With overall market sentiment this terrible, it stubbornly held sideways instead of following the market down. It’s obvious there’s money firmly supporting it from below. The bears can’t drive it into a deep hole, and they’re already fleeing. At this level, even a little buying pressure will leave the remaining shorts completely wrecked.
#9月CPI来袭原油美债走势如何 #DOT $DOT #BTW $BTW 👇