A few days ago $LAB was trading around $12-$13. Now it’s back above $16.
The funny thing about LAB is that every time it pumps, people immediately start talking about $20, $30 and new ATHs again.
Despite a 20%+ move, the price is still struggling around the same area where sellers showed up before.
Currently, the pump feels like short liquidations, FOMO, and momentum traders chasing green candles. The higher it goes, the more confident people become, even though the risk is getting bigger.
If $LAB starts losing the $15 area again, I think a move back toward $13-$14 happens much faster than people expect.
That’s why I’m bearish on LABhere and looking at the short side.
Soutien Institutionnel : "Strategy Inc." (MicroStrategy) a profité de l'élan, déployant encore 100 millions de dollars pour acheter la baisse du Bitcoin. $BTC
Soulagement géopolitique : Les nouvelles d'un accord de paix intérimaire entre les États-Unis et l'Iran ont rouvert le détroit d'Hormuz, apaisant les craintes d'inflation mondiale et déclenchant un énorme rallye risk-on sur les marchés.