SKHYNIX Don’t think the bulls are back just because it bounced to 1270—the bigger trend on the daily and 4-hour chart is DOWN in a dual-confirmation sense. Structurally, this is a downward continuation. The key is this: the whale account long/short ratio is 4.06, but the long share cut by 7 hours at -3.45%. Big players used the rebound to run. The futures order book is more straightforward: active sell volume of 6595 suppresses buy volume of 5462, and the taker buy/sell ratio is 0.45—that’s them voting with their feet. At the current price of 1270, don’t chase. If it rebounds to 1280 and above, all of it is resistance. If you want to short, wait for entry at 1285–1290. Targets are 1235–1218. Set a stop-loss above 1302 and outside the structure. If 1235 breaks, then look for 1200, the whole number. Don’t fight the big players—it's their money.