Market risk aversion sentiment is completely ignited! $2x Long VIX Futures ETF(UVIX.US) surged to 11.08, $Pro Ultr Cvix Shrt Futures(UVXY.US) rose to 11.7, with daily trading volume skyrocketing by over 30 million and 40 million. Hawkish Fed comments + high inflation triggered a wave of hedging. These ETFs are purely driven by sentiment—they rise sharply and fall quickly. Chasing highs requires setting stop-losses, as panic often comes and goes swiftly😰
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