SKHY is now around 170.5u. I just punctured the upper boundary of the range after spending the whole day pinning it.
Yesterday it mostly churned within 166.7–170.9. The real inflection point was the last 4-hour candle: it moved from 167.2 up to 169.5 in one stretch. In the last 15 minutes, both moving averages are entirely below its price, and the 4-hour trend has flipped upward. It’s only one breath away from the 24-hour high at 170.97.
What I care more about is whether real buying money is stepping in. The active buy orders account for 53%—the buy/sell ratio is 1.14. Active trades over the past 7 hours expanded by more than 70%—this isn’t a volume-diminishing, fake rally.
However, there’s one inconsistency in the order book: the sell-side orders are clearly thicker than the buy-side. The spot depth is only 0.7, and there’s still supply stacked overhead. Also, the whale positions are less than 40% long. Overall, big players are still skewed bearish—though they’ve slightly covered in the last seven hours.
The upside is that all eight fee samples are below zero, and open interest hasn’t really increased much. That suggests this move wasn’t forced by heavy leverage buildup. It looks more like spot support plus short covering, and the nature of the rally is healthier than a hard push.
So my bias is somewhat bullish, but I won’t chase from this level. 170.97 is right overhead, and buy-in is still getting capped by stacked orders, so the entry quality isn’t great. I’ll wait: if it pulls back to 168–169 and can hold there, and成交 volume doesn’t shrink, then I’ll consider following. If it breaks above 171 with volume, we can reassess immediately afterward. Until whales turn net long, I’ll only try a light position.
#skhy $SKHY
Yesterday it mostly churned within 166.7–170.9. The real inflection point was the last 4-hour candle: it moved from 167.2 up to 169.5 in one stretch. In the last 15 minutes, both moving averages are entirely below its price, and the 4-hour trend has flipped upward. It’s only one breath away from the 24-hour high at 170.97.
What I care more about is whether real buying money is stepping in. The active buy orders account for 53%—the buy/sell ratio is 1.14. Active trades over the past 7 hours expanded by more than 70%—this isn’t a volume-diminishing, fake rally.
However, there’s one inconsistency in the order book: the sell-side orders are clearly thicker than the buy-side. The spot depth is only 0.7, and there’s still supply stacked overhead. Also, the whale positions are less than 40% long. Overall, big players are still skewed bearish—though they’ve slightly covered in the last seven hours.
The upside is that all eight fee samples are below zero, and open interest hasn’t really increased much. That suggests this move wasn’t forced by heavy leverage buildup. It looks more like spot support plus short covering, and the nature of the rally is healthier than a hard push.
So my bias is somewhat bullish, but I won’t chase from this level. 170.97 is right overhead, and buy-in is still getting capped by stacked orders, so the entry quality isn’t great. I’ll wait: if it pulls back to 168–169 and can hold there, and成交 volume doesn’t shrink, then I’ll consider following. If it breaks above 171 with volume, we can reassess immediately afterward. Until whales turn net long, I’ll only try a light position.
#skhy $SKHY