The main reason is that domestic DUV directly hits the market. The market is worried that China’s memory capacity (especially CXMT) will be released faster, exacerbating global supply and pushing chip prices down. The report clearly mentions that the equipment will be delivered first to memory manufacturers such as CXMT.
CXMT (Changxin Technology) simultaneously listed on the A-share market and the STAR Market on the same day. It surged more than 470% at the open, with its market cap breaking 3 trillion RMB, setting multiple records. This has been interpreted as a signal of China’s DRAM streng

Everyone was calling for $70,000 a few days ago.
Now Bitcoin has lost $64,000.
Funny how quickly sentiment changes.
I think $63,000 is the level to watch.
Hold it and this probably turns into another shakeout.
Lose it, and I wouldn't be surprised to see $61,000 before we see new highs.
The next 24-48 hours could be important.

#KOSPIPlunges9%
KOSPI Dropped 9% in a Single Session. The Memory Trade Just Hit a Wall
South Korea’s KOSPI index dropped 9% on July 28 and went below 6,200 for the time since April. The drop was so big that the Korea Exchange turned on both the sell-side sidecar and the circuit breaker stopping program sell orders for 20 minutes. This was not a day when all the markets were pulling back. It was a move against the companies that are at the center of the global memory and AI hardware supply chain.
Where the Damage Concentrated
Chip stocks took the hit. SK Hynix dropped than 12%. Samsung Electro

#StrategyInitiatesSTRCBuyback $AKE To trade this kind of token, you need to be emotionally detached. If you can’t control your emotions, you’re likely to get burned. 😅
Honestly, I’m watching it closely, but for now there’s no clear direction. However, we could probably see a correction, so it’s definitely one to keep an eye on. ⚠️
WARNING ⚠️ Trading this type of token is extremely risky.

Reimagining the future of finance, Pi Network is taking part in building this system.

$ETH Facing a Key Decision Zone
Ethereum has reached the upper boundary of its descending channel, where price action often becomes volatile.
If bulls fail to secure a breakout, a rejection could open the door for a move back toward lower support levels.
📍 Watch the reaction around resistance. 📉 Rejection = Potential short opportunity. 📈 Breakout = Bearish setup invalidated.
Trade the confirmation, not the prediction.
#MinnesotaPredictionMarketBanBlocked

🧵 11 — "Breakouts are a trap (most of the time)"
1/
Most traders lose money on breakouts.
Not because breakouts don’t work…
But because they enter at the wrong time.
Let’s break it down 👇
2/
What retail sees:
“Price broke resistance → BUY”
What actually happens:
Liquidity gets taken → price reverses
That “breakout” is often just a liquidity grab.
3/
🔍 Why this happens:
Markets move from liquidity → liquidity
Above resistance =
Stop losses
Late breakout buyers
That’s fuel.
4/
📉 Classic trap setup:
Clean resistance (everyone sees it)
Multiple touches
Tight range below
This builds liquidity a

GOLD is showing very strong bearish momentum, and it has already pushed for downside protection. If it reaches 4011, then this is a great trade that will pay off for half a year. #黄金 #Gold” #交易 #分析：

The adjustment after a surge in trading volume is a sign of market maturity
Changxin Technology fell 7.7% at the open, surprising many investors. But in reality, this kind of move is not uncommon in large IPOs. After the first trading day saw massive trading and a rapid rally, a large amount of short-term capital takes profits and exits, and then the second trading day shows a clear pullback—this is itself an important process through which the market completes price discovery.
Changxin’s core competitiveness has not changed. As a key domestic DRAM player, the company shoulders an important mi

#KOSPIPlunges9%
KOSPI Plunges 9%: Sharp Sell-Off Sends Shockwaves Through Asian Markets
South Korea's KOSPI experienced a dramatic 9% decline, highlighting the growing uncertainty facing global financial markets. The sharp sell-off reflects heightened investor concerns over economic growth, corporate earnings, geopolitical risks, and shifting monetary policy expectations.
A decline of this magnitude often triggers risk-off sentiment across regional and global markets, prompting investors to reassess their exposure to equities and other risk assets. Such volatility can also influence currency

JUST IN: Japan’s finance minister says there are no plans to repurchase government bonds as BOJ-Election policy remains with the central bank. No immediate policy shift implied for markets. $JPY $JGBP

$SOXS Signal | Long: Funding rate negative + 4H MACD bullish expansion
$SOXS RSI 1h 72.97, the 4H Bollinger upper band 58.78 has been broken through, funding rate -0.1014%, and short costs continue to rise. 1H MACD histogram momentum is converging but remains above the zero line; buying pressure has not exhausted.
🎯 Direction: Long
⚡ Entry / order placing: 59.6505 - 59.8300
🛑 Stop loss: 59.2317
🚀 Target 1: 60.7275
🚀 Target 2: 61.1762
🛡️ Trade management:
- Execute strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the

REGULATORY CLARITY BUILDS INVESTOR CONFIDENCE.
Franklin Templeton's support for the CLARITY Act underscores growing institutional demand for a clearer regulatory framework for digital assets. Clear rules on investor protections and regulatory oversight can reduce uncertainty, encourage broader participation, and strengthen confidence across the crypto industry.
That improving sentiment was reflected in derivatives markets. AAVE recorded notable short liquidations as bearish positions were squeezed, while BEAT and CL saw long liquidations, highlighting that volatility continues to force traders

#MinnesotaPredictionMarketBanBlocked
Federal Judge Blocks Minnesota's Prediction Market Ban, Delivering Industry's Biggest Legal Victory
A federal judge has halted Minnesota's first-in-the-nation prediction market ban just days before it was set to take effect on August 1 . The ruling grants a preliminary injunction against the law, which would have made operating or advertising prediction markets a felony punishable by up to five years in prison and a $10,000 fine .
The Ruling: Federal Preemption Prevails
U.S. District Judge Katherine Menendez ruled that the plaintiffs—Kalshi, Polymarket, an

This shorting move, what truly made me act wasn’t a single big bearish candle, but the repeated inability to push higher after price was in a high position. The price kept grinding around 0.46953 for a long time; several times when I tried to pull it up, selling pressure pushed it back down. At that moment, I felt the buy-side support overhead was getting increasingly weak—chasing longs would only make it easy to catch a falling knife.
At first, the market didn’t dump immediately. Instead, it kept flickering up and down with needle-like moves. That zone was really grinding. Honestly, even hold

This trade is safe for now—either take profit or at least break even.
‍$DOGE

$SNDK SanDisk and Hynix—where are Micron and how did it end up like this? If you can avoid it, don’t go in. They say to short at the high and go long at the low—don’t try to BS me. Everyone knows shorting at the high and going long at the low. You say where the low is and where the high is. When it comes to the storage-idea sector, people always chase hype. If the listing period is short and it’s a storage concept, everyone rushes in—so of course the trading volume is big. On top of that, domestic storage companies getting listed suddenly has disrupted the Western—and even global—AI storage s