#Ethereum’s Glamsterdam upgrade lands on the Sepolia testnet# This positive news has not carried over to SKHYNIX; instead, it has weakened along with the broader market. I judge that bears remain in control in the short term. The four-hour and one-hour trends are both pointing down. The current price of 1262.6 is hovering near the 24-hour low of 1256.5, just 0.06% above it, while the previous high of 1318.8 is acting as resistance. Trading volume is subdued at 122,000. The funding rate of 0.0318% shows that longs are still paying, while the top 10 levels of the order book show a bid-to-ask ratio of 0.39, with 484 sell orders against 188 buy orders, indicating clear selling pressure. Consider a small short position on a rebound to 1278.4, with a stop-loss at 1291.7 and a target of 1243.5. If the price breaks below 1256.5 on heavy volume, follow the trend with a short position, setting a stop-loss at 1268.2 and a target of 1238.6. Keep position size below 20%, and beware of a sharp wick-and-rebound after support breaks.

——Just my personal opinion and does not constitute investment advice. Wishing you a smooth trade.——

$SKHYNIX# Ethereum Glams tdam upgrade lands on the Sepolia testnet