$SKHY Can Hynix get back on its feet???

Looking at the chart, Hynix has fallen steadily from 967 to 928 over the past four hours and is now fluctuating around 928. Its MACD trend is similar to SanDisk's and remains below the zero line, indicating that the current downtrend has not yet clearly reversed. The rebound at this point looks more like a technical correction after the decline.
Now let's look at the fundamentals and capital flows:
More than one factor is weighing on Hynix. Policy uncertainty surrounding the midterm elections, short-term pressure from excess capacity, and continued selling by foreign investors could all affect the share price.
Although the company has long-term orders, these primarily support its earnings; they don't mean that short-term overcapacity and market pressure will disappear immediately.
Trading approach: $BTC
After U.S. markets open tonight, a modest rebound in the memory sector is possible, but until the trend reverses, I still lean cautiously bearish.
In terms of strategy, it may be worth focusing on short-selling opportunities after a rebound:
Conservative approach: If the price rebounds to around 1000, watch how it responds to resistance and consider building short positions in stages.
Aggressive approach: If there is no clear rebound, consider testing the waters with a small position around 935, while strictly managing position size.

Follow Brother Fa for ongoing in-depth market analysis and insights into the interplay of capital flows, helping you identify opportunities and manage risk!#币安安全事件恢复进展：98%被盗资产已回填 #美国10年期国债收益率跌至4.845%