I’m truly done—SK hynix, this downtrend—at this point I can’t even be bothered to curse it. The price is diving straight into the day’s low and playing dead, while the contract open interest keeps getting drained too—day by day, it’s siphoning off more than 10%. The funding rate basically goes to zero. Even the long side doesn’t want to pay the cost of holding and propping up positions. What I’m saying is, this isn’t a shakeout—it’s leveraged capital on the inside collectively bailing out. Down to this level, there isn’t even a single daredevil left to step in and take the other side. On the spot order book, that layer of sell orders is still sitting there, stacked thicker than the buy side by a wide margin. All the little positions the bulls have are just there to act as padding for some bunch of riggers. Just wait—it’ll wash out everyone who’s willing to catch the falling knife until nobody even remembers. Bulls, take your time and slowly grind it out. 🈳！