Prices are falling, yet the very group that shouldn’t run is standing still—no movement at all. SKHYNIX is -0.89% in 24 hours. Over the past four hours, the intraday chart shows only DOWN. Sell orders are actively pressing down on buy orders, and at first glance it seems the bears have everything under control.
But the whale data tells a different story: positions are 74% long, the long/short ratio is 2.83, and by account basis there’s still nearly 70% in longs. Yesterday’s position size fell day-over-day by -11.6%. Even though the big players trimmed a bit, the bulk of the long positions is still stacked on top of the long side. This cut mainly targets the weaker hands.
The order book is also leaning toward longs. The top-20 market depth shows thicker buy orders than sell orders. Price is walking upward along the 20/50 moving averages, stepping over them. After the orders clear, position size resumes building up. The funding rate is hovering near the zero line—longs are not crowded. That means an attempt to push higher actually has fuel.
So my stance is very direct: go long. Buy on a pullback at the 1234–1236 dual moving-average area. Get out if the 1220 low breaks—cut and admit error. Only when the whale’s long position drops below 60% and the spot buy side collapses will this trade logic be considered over. #skhynix $SKHYNIX
But the whale data tells a different story: positions are 74% long, the long/short ratio is 2.83, and by account basis there’s still nearly 70% in longs. Yesterday’s position size fell day-over-day by -11.6%. Even though the big players trimmed a bit, the bulk of the long positions is still stacked on top of the long side. This cut mainly targets the weaker hands.
The order book is also leaning toward longs. The top-20 market depth shows thicker buy orders than sell orders. Price is walking upward along the 20/50 moving averages, stepping over them. After the orders clear, position size resumes building up. The funding rate is hovering near the zero line—longs are not crowded. That means an attempt to push higher actually has fuel.
So my stance is very direct: go long. Buy on a pullback at the 1234–1236 dual moving-average area. Get out if the 1220 low breaks—cut and admit error. Only when the whale’s long position drops below 60% and the spot buy side collapses will this trade logic be considered over. #skhynix $SKHYNIX
