Why not short? Bearing divergence on LUNA

Although supply is low and we seem to be in a weird market right now for alts, why shouldn't this be a valid play? Posting for later reference.

Kommentera:

Not a bad play after all, with about 25% drop since first posting. Now, however, I wonder if there is more upside to come. Perhaps if support around $88–$90 holds, we'll see $105 or so before the summer hits.