$ALEO Such a low price, why are there so many sell orders? This is leverage trading, using AI quantitative programs for automatic trading—shorting on rallies and going long on dips. Both longs and shorts can profit as long as the price rises, but it can also plunge immediately. With the removal of the shorting mechanism from the contract, leverage can still be used to short. It's really hard for the price to go up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ALEO Such a low price, why are there so many sell orders? This is leverage trading, using AI quantitative programs for automatic trading—shorting on rallies and going long on dips. Both longs and shorts can profit as long as the price rises, but it can also plunge immediately. With the removal of the shorting mechanism from the contract, leverage can still be used to short. It's really hard for the price to go up.