U.S. CPI and PPI both came in above expectations, raising the likelihood of another rate hike this year and weighing on risk appetite. SKHYNIX is unlikely to escape the pressure; my view is that it will be bearish in the short term, with limited rebound potential. The hourly chart has pulled back 17.71% from its high and is just 0.67% above the low. The four-hour chart is also trending down. Although there is some support above 912.5, the top 10 levels show 380 buy orders versus 497 sell orders, with a buy/sell ratio of 0.77, indicating sellers are in control. The funding rate is zero, and open interest of 79,000 suggests longs have not exited, though sentiment remains cautious. Strategy: consider opening a small short on a rebound to around 925.3, with a stop-loss at 934.6 and a target of 913.8. If the price breaks below that level on strong volume, consider adding to the short, targeting 905.2. Keep each position to no more than 20% and use strict stop-losses.

——These are just personal opinions and do not constitute investment advice. Wishing you successful trading.——

$SKHYNIX#U.S. CPI and PPI both came in above expectations. Could interest rates rise again this year?