5.6% This bullish candle is a hard push driven by geopolitical sentiment—don’t treat it as a trend. The U.S.-China chip standoff hasn’t really cooled down, but the market has quickly digested last week’s sanction panic. Funding rates have gone to zero, and neither longs nor shorts got a bargain. Defense + semiconductors became the two legs of the crowd. With QCOM as the communications leader, it naturally gets carried along. The problem is that OI hasn’t expanded; it’s basically short-covering as shorts get squeezed, not new long capital entering. My contrarian view: don’t chase today. Wait for a pullback near 175 and try a 1x position, with a stop-loss at 170. Sentiment-driven moves alone don’t go far—chasing in is just providing liquidity for others.

Trading tag: #TradFi #链上美股 #QCOM #NVDA

Does policy change have a big impact on QCOM?