Price 160 has already pushed to the 24-hour high of 160.5 at the door. We can say the money for this rebound and the money being withdrawn are not the same group. In seven hours, the contract value rose by 5.38%—it looks like new capital is entering. In the same window, the whales’ long accounts’ share fell by 4.3%, and long positions dropped by 2.9%—prices are climbing while the big players quietly reduce longs.
The most striking part is the spot order book: the first buy has a sell one at 77% thickness. Spot large orders show a net inflow of five full K-lines, yet not a single one is showing zero. This round of covering was not pulled out by spot “real gold and silver” liquidity—it’s the futures contract re-leveraging and force-stabilizing. Yesterday, longs were liquidated by 22% in that 151 wave. The board has already been loosened once; now it’s basically putting the removed leverage back on.
That 151 low shattered the four-hour structure. Coming back to 160 is more like the last exit being handed to those who didn’t run. At this level, I’m short.
Unless it can hold above 160.5 on increased volume, spot large orders return, and the whales’ long-account share turns from falling to rising—otherwise, this rebound is meant to be shorted.
#skhy $SKHY
The most striking part is the spot order book: the first buy has a sell one at 77% thickness. Spot large orders show a net inflow of five full K-lines, yet not a single one is showing zero. This round of covering was not pulled out by spot “real gold and silver” liquidity—it’s the futures contract re-leveraging and force-stabilizing. Yesterday, longs were liquidated by 22% in that 151 wave. The board has already been loosened once; now it’s basically putting the removed leverage back on.
That 151 low shattered the four-hour structure. Coming back to 160 is more like the last exit being handed to those who didn’t run. At this level, I’m short.
Unless it can hold above 160.5 on increased volume, spot large orders return, and the whales’ long-account share turns from falling to rising—otherwise, this rebound is meant to be shorted.
#skhy $SKHY
