US Stock Market Analysis on Coinbase (COIN) Ahead of Earnings: Is it a 'Golden Pit' or a 'Breakdown'?
📉 $COIN on the brink of falling into the abyss? The final gamble before earnings!
2/11 Close at $151.74, just a step away from a new 52-week low! Institutional funds have flowed out for 27 consecutive days (Premium Index < 0), what is the market afraid of? 🤔
Key Data Insights:
Option Sentiment: Put/Call Volume soared to 1.71, everyone is buying insurance!
Biggest Pain Point: $160. Market makers want to pull back to this level to kill options.
Implied Volatility: The market is pricing ±$14, significant turmoil is inevitable on Friday.
Trading ideas based on the previous post:
A drop below $148.8 requires a stop loss or liquidating before earnings -> target $142 (double bottom support)
If earnings reverse -> first target $160 (Max Pain return)
The strategy for betting on earnings is as follows:
Entry price: 142, stop loss at 140, expected take profit around 158.95
