🌙 Evening Update · Sep 17

MSFT dropped to 493.161—can this 20x long’s lifeline hold?

In the previous trading session, MSFT closed down 1.19%, with a 2.3% intraday range, and turnover of only $21 million. The software SaaS sector is cold today—there doesn’t seem to be much attention. But being unpopular doesn’t mean there’s no opportunity. It’s exactly this low-volume pullback that gives you a reason to enter at 493.161. 493.161 is only about -0.07% away from the current price—basically hanging right at the level—suggesting this isn’t a random line on the chart. It’s the place where bulls and bears re-divide in the short term.

Below 488.567 is the defense line. If it breaks, it means the pullback hasn’t finished yet—there’s no room to “hard-hold” with 20x leverage. Above 499.894 is the take-profit level. There’s roughly a 6.7-point window in between. With 20x leverage, the risk-reward ratio looks acceptable.

On the fundamentals/news front, Microsoft securing orders or partnerships hasn’t gone wrong—what’s falling is sentiment, not logic. My take is straightforward: if 493.161 can hold, I’d ride it toward 499.894. If it can’t hold, I’d exit at 488.567 directly—no lingering.

What’s truly pressuring BTC is that interest-rate line: the 10-year U.S. Treasury yield is above 5.006%, which is another +1.0 basis point higher than yesterday. The U.S. Dollar Index is also up 1.10% over the past week. The cost of holding non-yielding assets rises; BTC is currently $76,456 and is only up 0.33% over the last 24 hours—more like chopping sideways.

In the last month, U.S. stocks are down 2.50%, and the VIX dropped 9.54% in a single day—none of that has given BTC a clear direction. Don’t force it.

Tonight, here are the other 7 levels all in one place:
LITE Short limit @934.946 / TP894.383 / SL962.616 14x
SKHY Short limit @180.681 / TP172.343 / SL186.369 14x
COIN Long limit @165.031 / TP173.436 / SL159.298 13x
MRVL Short limit @237.812 / TP227.786 / SL244.652 15x
HOOD Long limit @104.756 / TP111.061 / SL100.456 12x
TSM Short limit @429.829 / TP423.303 / SL434.282 20x
GOOGL Long limit @336.682 / TP340.822 / SL333.859 20x

All are limit orders. If the price never reaches that level, it doesn’t count.
$BTC $LITE $MSFT #BTC #TokenizedStocks
For the MSFT level—will you place an order there, or wait until it breaks first?

I’ve been trading U.S. stocks for 3 years—came over because Binance can do U.S. stocks. The two daily updates—morning and evening—so you can follow along.