Recently, there have been some warning signals in the technical aspects of SKY. From the charts, both the 4-hour and 15-minute levels have shown a death cross pattern, and the moving average system is also displaying a downward divergence. This bearish structure across multiple time frames usually indicates significant short-term pressure.

Looking at the market sentiment, the RSI indicator continues to weaken, and the buying power is clearly not as strong as the selling pressure. More critically, the funding rate has turned negative—this indicates that long positions are paying costs, and the overall long-short ratio being low also reflects that large holders may be reducing their positions at highs. Active buying has almost disappeared, and a cautious sentiment permeates the entire market.

If you are considering a short positions strategy, it is recommended to keep your take-profit target within 2%, and to act decisively. Of course, the market is ever-changing, and strictly setting stop losses is key. Position management is always more important than predicting the direction; don't let one wrong judgment hurt your principal. Remember: protecting your account's safety is essential for surviving longer in the market.