Terra Aurum

Bitcoin remains bullish

#SKHYNIXUSDT SK Hynix has entered a sell-the-news phase. Its earnings figures are impressive, but some of the positive news has already been priced in after the stock's earlier gains. Samsung's weakness has become an excuse for investors to take profits. In the short term, the key question is whether the memory sector can absorb the negative sentiment surrounding Samsung; individual stock fundamentals are comparatively less important. Trading volume has risen noticeably on the 1-hour chart, as bulls take profits and bears enter the market in force. The plan is to build short positions in stages within the 1135–1155 range, and add to them if the price breaks below 1108. The first target is around 1050.