10x Research: Coinbase's stock price is close to the overvaluation threshold, short selling is recommended
4 hours ago
Odaily News 10x Research said that the share price of Coinbase (COIN), a Nasdaq-listed cryptocurrency exchange, is rapidly approaching the overvaluation threshold. Analyst Markus Thielen said that Coinbase's fundamentals (mainly trading volume) have not kept up with the pace of the stock price increase, and the stock price is rapidly approaching the overvaluation threshold, which is a typical feature of "tactical reversal". (CoinDesk)
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