Movement Alert｜T-Rex 2X Long MSTR Daily Target ETF Falls 9.08% in Pre-Market Trading, Bitcoin Drop Below $84K Triggers Leveraged Long Liquidation

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On October 7, T-Rex 2X Long MSTR Daily Target ETF fell 9.08% in pre-market trading, trading at $41.72/share, with Turnover of $28.09 million. The decline was driven by a sharp drop in Bitcoin, which briefly fell below the $84,000 level, triggering concentrated liquidation of leveraged long positions and directly weighing on the leveraged ETF product linked to Strategy. Data showed that Polymarket's probability for Bitcoin to break above $84,000 on October 7 plummeted from 93.05% to 52%, indicating a rapid collapse in short-term bullish confidence. Meanwhile, US crypto-related stocks weakened broadly in overnight trading, with Strategy, Coinbase, and MARA all falling more than 2%, reflecting a notable retreat in market risk appetite.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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The decline was driven by a sharp drop in Bitcoin, which briefly fell below the $84,000 level, triggering concentrated liquidation of leveraged long positions and directly weighing on the leveraged ETF product linked to Strategy. Data showed that Polymarket's probability for Bitcoin to break above $84,000 on October 7 plummeted from 93.05% to 52%, indicating a rapid collapse in short-term bullish confidence. Meanwhile, US crypto-related stocks weakened broadly in overnight trading, with Strategy, Coinbase, and MARA all falling more than 2%, reflecting a notable retreat in market risk appetite.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTU","symbol_name":"2倍做多MSTR ETF-T-Rex","start_time":0,"source_url":"","article_id":"1171799119","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171799119","pubTimestamp":1791379927,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On October 7, T-Rex 2X Long MSTR Daily Target ETF fell 9.08% in pre-market trading, trading at $41.72/share, with Turnover of $28.09 million. 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Meanwhile, US crypto-related stocks weakened broadly in overnight trading, with Strategy, Coinbase, and MARA all falling more than 2%, reflecting a notable retreat in market risk appetite.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}