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CBRS skyrocketed 27% in three days, Serenity precisely bottom-fished at 170, are you following?
Cerebras surged 27.4% in three days, Serenity called for building positions at $170 with floating profit over 27%! The bull party is far from over!
Short sellers are being crushed 3.73 times and rubbed on the ground, the short squeeze nuke has just been lit! On-chain data is clear: total short position is 14.1 million, which is 3.73 times the long position of 3.8 million! Shorts' average entry price is 275, current price 216, still room to the liquidation line at 284 — short floating profit continues to evaporate, the whale who went short at 284 on May 15 saw floating profit drop from 3.98 million to 2.27 million in two days, a single-day loss of 1.7 million!
Institutions are collectively bullish, target price 320!
UBS raised its target from 300 to 320, Morgan Stanley initiated with an overweight rating and 250 target, plus ARK's increased holdings last week and Citigroup's bullish view — institutions are frantically scooping up around 160, do you follow the institutions or the panicked retail investors?
Trading strategy:
Aggressive: go long directly near current price 215
Conservative: wait for a pullback to 210-212 before going long
#Solana生态ANSEM暴涨 #AAVE涨超13%