The Coinbase Trap_ Why Short-Term Trades are DANGEROUS Right Now!
They used Coinbase as a real-time example of why short-term trades can be dangerous, especially around earnings.
The setup looked bearish: crypto was in a down cycle, other platforms like Robinhood had already shown crypto revenue weakness, Coinbase depends heavily on crypto (with a big chunk tied to Bitcoin), and Coinbase’s earnings came in with misses plus weak guidance and even analyst downgrades. A short-dated put seemed logical.
But after-hours price action flipped the script. Despite all the “bad news,” Coinbase popped hard, likely from institutional buying and a short…
The skinny
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