A 200% gain in such a short time usually means momentum traders and short squeezes are driving the action, not fundamentals. This makes Circle (CRCL) highly volatile and unpredictable in the near term. While explosive IPO runs can continue (think of Rivian or ARM), they often retrace heavily before stabilizing. Buying at these levels can be risky unless you have a high-risk tolerance and a short-term game plan (e.g., scalp, swing trade). ⸻ 🧠 Cathie Wood’s Moves: Buy Circle, Sell Coinbase? Cathie Wood’s ARK Invest is known for buying disruptive tech early, but her moves don’t always predict long-term success (see Zoom or Teladoc). Her buying Circle and selling Coinbase might reflect a rebalancing into a new opportunity, but it’s not necessarily a bearish signal for COIN. Still, her funds ar