With price approaching 6M, this rally wave feels a bit suspicious. In theory, the alpha release should be mostly digested by now, but there's still continuous capital adding positions. Where is this mysterious buying power coming from?
What's even more puzzling is the relentless upward momentum, which always feels like it's hiding contract risks beneath the surface. While retail investors are frenziedly chasing, what's the real calculation of big money? Quite a few people have already gone heavy on futures contracts—once a pullback happens, things could get interesting.
Rather than speculating, it's better to observe the follow-up trading volume and capital flow performance.
With price approaching 6M, this rally wave feels a bit suspicious. In theory, the alpha release should be mostly digested by now, but there's still continuous capital adding positions. Where is this mysterious buying power coming from?
What's even more puzzling is the relentless upward momentum, which always feels like it's hiding contract risks beneath the surface. While retail investors are frenziedly chasing, what's the real calculation of big money? Quite a few people have already gone heavy on futures contracts—once a pullback happens, things could get interesting.
Rather than speculating, it's better to observe the follow-up trading volume and capital flow performance.