$SKHYNIX Holy crap! Big shot Xingchen is making a move 💥
Opened two positions, totaling 62 million, fully long on Hynix—
Could there be hope for the Korean side after all? ❓ First, let's look at today's liquidation data.
The entire memory sector has crashed, completely confirming my earlier prediction.
The liquidation value of Hynix longs is 42 times that of shorts.
This is a damn one-sided slaughter of the bulls!
I said back when Hynix was at 1,400 that it would fall to 800. It's now at 900, just one step away from the target!
Everyone needs to pay attention: a large number of longs have their stop-losses and liquidation prices clustered around 880, so the damn market maker is bound to take it down to that level 📉
Xingchen's $SKHY long position is just a bounce play. He's known for getting out fast—take a quick bite and leave, not a long-term long.
The market will keep plunging, heading straight for the 800 range. Short it hard! 🈳
Opened two positions, totaling 62 million, fully long on Hynix—
Could there be hope for the Korean side after all? ❓ First, let's look at today's liquidation data.
The entire memory sector has crashed, completely confirming my earlier prediction.
The liquidation value of Hynix longs is 42 times that of shorts.
This is a damn one-sided slaughter of the bulls!
I said back when Hynix was at 1,400 that it would fall to 800. It's now at 900, just one step away from the target!
Everyone needs to pay attention: a large number of longs have their stop-losses and liquidation prices clustered around 880, so the damn market maker is bound to take it down to that level 📉
Xingchen's $SKHY long position is just a bounce play. He's known for getting out fast—take a quick bite and leave, not a long-term long.
The market will keep plunging, heading straight for the 800 range. Short it hard! 🈳