DRAM 51.9, it’s popped, and then popped again.

From 47.88 to 52.3, it jumped almost five percentage points—pretty aggressive. The result is that the position size dropped ten percentage points in a single day. When it was rising, the money was flowing out. I don’t get it—pop once, run once. I’ve seen this script too many times.

The whales are interesting. Seventy-three percent of accounts are net long, yet their positions dropped by thirteen percentage points. They say they’re long, but the positioning is moving. Sixty-nine percent of retail accounts are net long—aren’t they just here to put on a show, waiting to take the bag?

Active trading volume shrank by nearly forty percent—no one kept pushing it higher. The pop happened, but no one can hold up the support. The four-hour trend is still down, with no sign of a reversal.

At this level it looks lively, but inside it’s all empty. There’s no follow-through capital, no buy-side support—just relying on a rebound won’t last long.

Time to harvest.

#dram $DRAM