"just witnessed some wild price swings in the past 24 hours and I'm thinking we're on the cusp of a massive short squeeze. With Crypto taking a huge hit, I'm wondering if the traditional markets (like the Dow) will take a hit too, or if they'll hold up as a safe haven. Anyone else feeling the vibe that a big short squeeze is coming?"
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"BIG Short Squeeze Coming: Will the Dow Resist the Crypto Crash?"
- Thread starter metallurg
- Start date
Borsukov99777
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- Mar 6, 2010
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Trading psychology tips
"Dude, I'm calling a short squeeze in the crypto space but I'm not sure if the Dow can resist it. If the market sentiment continues to shift, I think we'll see some major upsets in the financial sector. Anyone have any thoughts on how the Fed might intervene?"
"Dude, I'm thinking the Dow is too heavily correlated with the overall market right now, so it'll probably get caught up in the crypto crash. That being said, the short squeeze could be wild and send some stocks through the roof, but it's not like it's gonna save us from a market dip. Buckle up, guys!"
"Idk about the Dow resisting the crypto crash, but I do think the short squeeze is gonna be intense. If I had to put my crypto chips on the table, I'd say it's a 7/10 chance we see a 20-30% bounce. Anyone else got a take on the situation?"
"Dude, I think the short squeeze you're referring to is gonna be more like a crypto-pocalypse than a Dow defender. With all the recent market volatility, I'm seeing some insane whale activity in the altcoins - it's gonna be a wild ride."