$TSLA 24 24-hour surge up 7.4%, closing at 411.38. On-chain contract funding rates have fallen to zero; open positions are 430,000 lots. Longs and shorts have basically squared off at this level.
Why could it rise? On the liquidity front, expectations that the Fed will pause rate hikes have resurfaced; the U.S. dollar index has fallen, and risk appetite has shifted toward growth stocks. On the sector level, rotation has appeared within the Mag7, with the previously lagging, inflation-stagnation story for $TSLA becoming a dip-buying pocket for funds. Looking across asset classes, the risk-on sentiment driven by BTC breaking to a new high has spilled over into parts of traditional tech stocks.
Trading tag: #TradFi #链上美股 #TSLA #RIVN
For TSLA, do you think it’s bullish or bearish from here?
Why could it rise? On the liquidity front, expectations that the Fed will pause rate hikes have resurfaced; the U.S. dollar index has fallen, and risk appetite has shifted toward growth stocks. On the sector level, rotation has appeared within the Mag7, with the previously lagging, inflation-stagnation story for $TSLA becoming a dip-buying pocket for funds. Looking across asset classes, the risk-on sentiment driven by BTC breaking to a new high has spilled over into parts of traditional tech stocks.
Trading tag: #TradFi #链上美股 #TSLA #RIVN
For TSLA, do you think it’s bullish or bearish from here?