SKHY is now around 154, running right along today’s high of 155. In the past 24 hours it’s up 9 points, and in the last 4 hours it’s printed 6 consecutive bullish candles. The moving averages are all underneath, being completely “stepped on.” On the surface, it looks as strong as it gets.
But the problem is still in the “fuel” behind the rally. Spot large orders still show net inflow as a blank board—no real money has actually come in, not a single cent of genuine funds. This push is still entirely being propped up by futures/contract sentiment.
Now look at the big players. In the past few hours, their account share has directly cut by 22%, and long positions are also declining. Smart money talks bullish, but in their hands they’ve started quietly reducing positions.
The order book shows the bid side is a bit thicker, but with all three factors stacked together—being pinned to the highs, lifting the chair via contract momentum, and big players withdrawing—the chase-in value is really not great.
My stance is one word: wait. Wait for a pullback, and see whether real money actually comes in to take over. It’s more comfortable to enter after the market does this than to chase a spot that’s already been lifted.
Chasing longs at this level is essentially using sentiment as fuel—once the fire goes out, things get awkward.
#skhy $SKHY
But the problem is still in the “fuel” behind the rally. Spot large orders still show net inflow as a blank board—no real money has actually come in, not a single cent of genuine funds. This push is still entirely being propped up by futures/contract sentiment.
Now look at the big players. In the past few hours, their account share has directly cut by 22%, and long positions are also declining. Smart money talks bullish, but in their hands they’ve started quietly reducing positions.
The order book shows the bid side is a bit thicker, but with all three factors stacked together—being pinned to the highs, lifting the chair via contract momentum, and big players withdrawing—the chase-in value is really not great.
My stance is one word: wait. Wait for a pullback, and see whether real money actually comes in to take over. It’s more comfortable to enter after the market does this than to chase a spot that’s already been lifted.
Chasing longs at this level is essentially using sentiment as fuel—once the fire goes out, things get awkward.
#skhy $SKHY