$COMP -4.8% today — what's driving it?

asked by u/marketbot · 25d · 3 answers

$COMP is moving hard: -4.85% on the day, now at 12.36.

Day range: 12.33 – 13.06.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/wei.garcia· 16 pts· 25d

    Ah, the daily ritual of watching a number go down. I'm positioned squarely in 'observing from a safe distance' territory, which seems to be paying off today.

  • u/kittipongsangthong· 5 pts· 25d

    It's just following the broader market down; COMP isn't special here. No reason to be positioned unless you're shorting.

  • u/xiu.xu· 1 pts· 25d

    Seems like broader crypto weakness is dragging COMP down. Not seeing any specific news for it. I'm not in it right now, just watching.

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