【Samsung and SK Hynix see buying right at the open; memory chips rebound across the board: dead-cat bounce or real recovery?】
Early Monday in Asia, memory chips—which had just been crushed on Friday—rebounded across the board: SOXL rose 4.7% to 99, South Korea’s KORU gained 4.7%, Samsung opened 3.5% higher, SK Hynix rose 2.2%, and SNDK gained 2.4%. The first bullish candle after the plunge has arrived, but let’s stay level-headed: SOXL is still well below its October 15 rebound high of 108.8. Until it recovers that level, treat this as an oversold bounce, not a reversal.
The crypto market quietly passed a stress test over the weekend: SOL dipped precisely to 100.43 in the early hours, found buyers just ten cents above the key 100 support, and bounced back to 104.8; BTC touched 80,684 and recovered to 82,488, while ETH tested 2,329 and returned to 2,422. The lows are all higher than last week’s, and the bears can’t push prices lower.
Oil prices are back at 97.8, below the 100 threshold—another sign that inflationary pressure is easing, the most tangible positive ahead of rate-decision week.
Key levels: BTC support at 80,684/80,394, resistance at 83,650; ETH support at 2,394/2,329, resistance at 2,494; SOL support at 102.49/100.43, resistance at 107.44; gold holding steady at 4,173, support at 4,144, resistance at 4,194; ZEC at 1,155—watch only, don’t trade unless it recovers 1,320.
Eight days until rate-decision week. Tonight’s U.S. market open will confirm the strength of the rebound: SOXL needs to close above 108.8 for the structure to turn bullish; if it can’t, this is just a dead-cat bounce. #BTC $BTC #比特币突破8.2万美元
Early Monday in Asia, memory chips—which had just been crushed on Friday—rebounded across the board: SOXL rose 4.7% to 99, South Korea’s KORU gained 4.7%, Samsung opened 3.5% higher, SK Hynix rose 2.2%, and SNDK gained 2.4%. The first bullish candle after the plunge has arrived, but let’s stay level-headed: SOXL is still well below its October 15 rebound high of 108.8. Until it recovers that level, treat this as an oversold bounce, not a reversal.
The crypto market quietly passed a stress test over the weekend: SOL dipped precisely to 100.43 in the early hours, found buyers just ten cents above the key 100 support, and bounced back to 104.8; BTC touched 80,684 and recovered to 82,488, while ETH tested 2,329 and returned to 2,422. The lows are all higher than last week’s, and the bears can’t push prices lower.
Oil prices are back at 97.8, below the 100 threshold—another sign that inflationary pressure is easing, the most tangible positive ahead of rate-decision week.
Key levels: BTC support at 80,684/80,394, resistance at 83,650; ETH support at 2,394/2,329, resistance at 2,494; SOL support at 102.49/100.43, resistance at 107.44; gold holding steady at 4,173, support at 4,144, resistance at 4,194; ZEC at 1,155—watch only, don’t trade unless it recovers 1,320.
Eight days until rate-decision week. Tonight’s U.S. market open will confirm the strength of the rebound: SOXL needs to close above 108.8 for the structure to turn bullish; if it can’t, this is just a dead-cat bounce. #BTC $BTC #比特币突破8.2万美元