SKHYNIX I can tell at a glance that this one is going to kneel down—on the daily the trend is downward; over four hours there are four bullish and two bearish candles, yet the net drop is still negative. The price has been rubbing right up against the moving averages all day without gaining so much as half an inch—if it can’t rise, it’s just waiting for the break. Open interest has clearly expanded day by day, but the price is still lying there, unmoving. Money is coming in but can’t lift it—this kind of increase with no rise is shorts quietly building their position underneath. On the contract side, funding rates in the eight rounds are negative in six; the average has turned negative too. The longs can’t even show the sincerity to keep paying fees and locking in positions—they just get smashed with the momentum. The prior low is just another layer of window dressing—only a thin sheet of paper!!