⚖️ Volatility and Waiting
🔸 Sector Snapshot
Overnight, US stock technology was basically flat. Among the 16 bStocks, only SKHY turned green and rose—by merely 1% and 0.38%, respectively. There isn’t even a solid “leading big brother.” The one that fell the most dropped nearly 2.9%: INTCB, ARMB, and AMDB also saw modest pullbacks. SOXLB fell only 0.55%, suggesting this semiconductor move hasn’t broken down—it's just taking a breather at high levels.
🔸 Data Update
Trading volume surged overnight, concentrated in the last hour of the session. At that time, price moved from 215 to 216.7, with the EMA 21 acting as resistance and not being breached. Conversely, on the 4-hour chart, after the MACD death cross, price has kept grinding lower. The 87 level is support from the past month—if it breaks, things will look ugly.
🔸 My Take
To put it simply, the market currently lacks direction. Money is waiting on this week’s CPI data—no one dares to make the first move. SKHY managing to rise 1% against the trend is mainly due to expectations of HBM price increases. I’m continuing to hold the two that are moving sideways along with the AI compute supply chain.
I’ll wait for a drop below 87 to cut positions. If you’re above 87, I’ll stay on the sidelines. If it doesn’t break 214, don’t touch it.
$SKHY
— The Son of Auspicious Fortune _ourjerry
I’m not a demon—I’m auspicious fortune. Welcome everyone to follow me, this old leek
Addendum: Binance wallet invite—fill in BTC6000 (to save fees)
#热度拉满 #突破在即 #Bitcoin #BinanceSquare #Bullish
🔸 Sector Snapshot
Overnight, US stock technology was basically flat. Among the 16 bStocks, only SKHY turned green and rose—by merely 1% and 0.38%, respectively. There isn’t even a solid “leading big brother.” The one that fell the most dropped nearly 2.9%: INTCB, ARMB, and AMDB also saw modest pullbacks. SOXLB fell only 0.55%, suggesting this semiconductor move hasn’t broken down—it's just taking a breather at high levels.
🔸 Data Update
Trading volume surged overnight, concentrated in the last hour of the session. At that time, price moved from 215 to 216.7, with the EMA 21 acting as resistance and not being breached. Conversely, on the 4-hour chart, after the MACD death cross, price has kept grinding lower. The 87 level is support from the past month—if it breaks, things will look ugly.
🔸 My Take
To put it simply, the market currently lacks direction. Money is waiting on this week’s CPI data—no one dares to make the first move. SKHY managing to rise 1% against the trend is mainly due to expectations of HBM price increases. I’m continuing to hold the two that are moving sideways along with the AI compute supply chain.
I’ll wait for a drop below 87 to cut positions. If you’re above 87, I’ll stay on the sidelines. If it doesn’t break 214, don’t touch it.
$SKHY
— The Son of Auspicious Fortune _ourjerry
I’m not a demon—I’m auspicious fortune. Welcome everyone to follow me, this old leek
Addendum: Binance wallet invite—fill in BTC6000 (to save fees)
#热度拉满 #突破在即 #Bitcoin #BinanceSquare #Bullish
