ZEREBRO has mostly stabilized over the past couple of days, and today’s trend is clearly strengthening. I looked at the data, and it’s quite interesting: the contract open interest is approaching $60 million, but the market cap is only a little over $40 million. This ratio indicates that major funds have already entered the market. From the chart, it looks like a typical shakeout followed by a rally. Personally, I think the current level is still reasonable. If you hesitate for a few more days, you might end up chasing the high. Of course, managing risk is the most important.
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