You cannot make us capitulate.
It drop? We buy more because we saw that too many times before.
If you sell on emotion, stop trading now you will lose on the long term.
When EOSUSDSHORT go up by 1 million coins, the price drop by 1$.
If they cover lets say, 5 millions coin out of 9 millions short, EOS move more than 100%.
If we check the past, that move can...
Recent sentiment on EOS was so bullish that longs reached a pretty ridiculous level.
Easy to spot in hindsight but the max pain was to the downside.
Max pain thoery. The market will move to rekt the most amount of people it can. In options trading max pain is the $ value of the stock where options expire worthless. Markets often gravitate towards max pain on...