$4 Do you have a feeling when trading altcoin contracts: when your position is large, a short squeeze happens, and when it's long, it crashes. It first traps you, the price stops near where you opened your position and suddenly rushes in the opposite direction. It's as if there is some huge resistance near your opening price; when you cut your losses, everything becomes smooth, and you even realize that if you don't cut, you make a profit.
$SKHYNIX I pulled up a Fibonacci and glanced at it—after dipping below the 0.618, 0.5, and 0.382 levels of this rebound and upswing, it’s currently holding around the 0.236 level. However, it still feels like the upward structure has already been broken, so I expect we’ll likely see a deeper pullback yet.
$SKHY and $SKHYNIX , which one do you guys play as your main? US stock [0-9]{11} and Korean stock [0-9]{11} have a price difference—what’s the story in between, brothers?
$SKHYNIX $SKHY Brothers, don’t chase the dip. The whole population in Korea is taking out loans to use leverage and go long. They’re already running out of money, this is an extreme liquidation panic. The closer you are to the liquidation line, the more you cut and the more you lose—so many people are cutting. If they don’t cut, the money they’re losing will have nothing left. The price keeps falling—it's able to fall even more. It’s a slow bleed with no sign of reversal.