#PI# rose by less than 2% today, and the Long-Short Ratio has obviously increased. This indicates a problem: the PI is currently at a very low price, and as soon as it rises slightly, the number of people chasing rising prices will immediately increase. Additionally, with so many loss-making positions below the $1 Spot, the cost of pumping will be extremely high.


Comment: How can PI really rise?
PI-6.13%
View Original
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.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-bb3c9b18vip
· 08-07 04:35
That data is just a reference; GameStop has only a few major short positions, while the rest are all retail investors. The Long-Short Ratio is even more terrifying. As long as there is new capital inflow, there's no need to worry.
View OriginalReply0
NoProblemvip
· 08-07 04:32
Baby
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)