$MU 24 hours surged 5.44%, with the funding rate positive at 0.00005930; longs are paying fees. From a political and military perspective, semiconductors are a basic armaments industry. Geopolitical tensions may raise the risk-premium for hedging, but based on the trading board, this looks more like a sentiment-driven market. The funding rate turning positive combined with price rising suggests that the longs are chasing the price. The counterargument is that if the conflict truly escalates, demand will become concrete. Second-order effects: this kind of premium attracts short-term capital, while long-term investors will wait for valuation to digest it. Invalidation conditions are if $MU falls below 900 or if the funding rate turns negative. Action: if it pulls back to test the 960 support, try a 5% position.

Trading tag: #TradFi #链上美股 #MU

Where do you think this set of judgments is most likely to be wrong?