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$TRUTH It looks like this wave is rising, but it’s actually already starting to weaken.
The limit order book is very obvious: there’s a whole line of large sell orders sitting above 0.022, and the main force won’t let it break through. And the trades also show sell orders are more than buy orders—funds are moving in and out as price is being pushed up.
After the K-line kept rising continuously, it poked down to 0.0212 but couldn’t hold, and the upper wick was essentially hammered down. This indicates heavy sell pressure overhead.
At this point, it looks more like distribution at a high level rather than a strong breakout. In the short term, it’s not suitable to chase longs. If the rebound lacks strength, that’s a short entry point. Once it drops back below 0.020, the rhythm will directly turn weaker.
Rui Ge has already placed shorts at 0.0206. The strategy point will be shared in the chat room!!!
#半导体板块集体回调