$EWY 24 hours fell 5.771%, and the funding rate is still positive at 0.00009267. This setup is a typical case of long positions being trapped while still adding more—there’s no negative funding rate, which means shorts haven’t been squeezed; instead, longs are bearing the load.
From the Trump trade perspective, his recent tough statements on trade policy have led the market to price in potential tariff threats against export-oriented economies like South Korea. The drop in the Korea ETF
$EWY directly reflects concerns about the implementation of Trump’s policy. With the funding rate still positive and the price falling, it indicates that longs misjudged the policy risk and are passively absorbing it.
If there are no signs that Trump’s stance on trade policy is softening, this suppression logic will continue. I will continue holding the short position, with the stop-loss at 180—an obvious area of selling pressure in the near term. Take profit is at 165; it will take a new negative catalyst for the price to fall there. Position sizing is controlled at 5%.
**Direction: Short | Multiplier: 5x | Stop-loss: 180 | Take-profit: 165 | Position: 5%**
The invalidation condition is simple: if Trump publicly states that there will be no tariffs imposed on South Korea, or if there is a material easing in trade between the US and South Korea, this short thesis will immediately become invalid, and I will close the position.
Trading tag:
#TradFi #链上美股 #EWY
Where do you think this judgment is most likely to be wrong?