1251.62, two days and it hit twice. On 08-25 and 08-26, prices were both smashed back to 1216 from the same level—double tops are on the table. What’s more striking is next to it: a large-holder account’s long/short ratio surged 30% to 2.58 in seven hours; 72% of accounts are standing on the long side, yet positions actually shrank by 2.69%—accounts are adding, but they don’t dare add size. This batch of longs is holding on by force, not adding bets.

Active buy orders: 51.6%. Over seven hours, volume was increased by 7%, yet the price can’t even reclaim MA50. Every time you lift by one lot from below, the upper side takes you and presses you down again. The more buy orders there are, the more it looks like they’re handing out chips. Contract open interest over seven hours narrowed by 1.6%, the funding rate froze at -0.008%. Leveraged longs won’t even pay the premium—when they withdraw, they’re more honest than anyone.

The bid at 1216 really is 1.68 times thicker than the ask, but that’s a back door for shorts to unload. If it can’t hold, then it’s 1202.

I only short: enter on a rebound between 1220–1224, stop loss above 1252, target 1202. If it breaks down, add to the short. The reverse signal is just one—price rises on volume and stands back at 1224, then reclaims 1230 or even truly breaks 1251.62; if that happens, this trade is void.

#skhynix $SKHYNIX