It’s up $150, but $180 million has flowed out. I can’t bring myself to go long at $SKHYNIX .
At 1029, I absolutely won’t chase a long.
Korea’s Hynix is up 6%, with the price surging from 886 all the way to 1044. It looks extremely overheated. But I checked the fund flows, and something seems off: over the past 15 days, big money has seen a net outflow of a full $186 million. The price has climbed nearly $150, yet big money is pulling out. It’s very easy to make the wrong move here.
This looks more like a rally to distribute into. Retail traders see the news and frantically pile into longs, while big money quietly hands off its positions. Take a look at the liquidation chart: another cluster of short liquidation orders has piled up overhead at 1048–1056. This may not be a short squeeze—it looks more like one last lure.
Go long: A decisive break above the previous high of 1044.92, accompanied by genuine inflows from big money.
Go short: A high-volume break below the 1000 round-number level, followed by a weak rebound.
Would you dare to buy into a rally this strong when no money is flowing in?
#BitMine增持10452枚ETH #韩国考虑对加密交易所征教育税 #OCC敦促社区银行进军稳定币支付 $SAMSUNG $SNDK
At 1029, I absolutely won’t chase a long.
Korea’s Hynix is up 6%, with the price surging from 886 all the way to 1044. It looks extremely overheated. But I checked the fund flows, and something seems off: over the past 15 days, big money has seen a net outflow of a full $186 million. The price has climbed nearly $150, yet big money is pulling out. It’s very easy to make the wrong move here.
This looks more like a rally to distribute into. Retail traders see the news and frantically pile into longs, while big money quietly hands off its positions. Take a look at the liquidation chart: another cluster of short liquidation orders has piled up overhead at 1048–1056. This may not be a short squeeze—it looks more like one last lure.
Go long: A decisive break above the previous high of 1044.92, accompanied by genuine inflows from big money.
Go short: A high-volume break below the 1000 round-number level, followed by a weak rebound.
Would you dare to buy into a rally this strong when no money is flowing in?
#BitMine增持10452枚ETH #韩国考虑对加密交易所征教育税 #OCC敦促社区银行进军稳定币支付 $SAMSUNG $SNDK
