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$PENDLE Position sharing will be saved for the end, first let's look at the key information today: platforms like Futu, Tiger Securities have been penalized, and Elon Musk's space exploration company is about to go live. In the serious investigation by the China Securities Regulatory Commission into illegal cross-border business expansion cases, only Futu is affected and will be expelled (with a two-year remediation period for clearing existing business), involving user funds of at least approximately $126.7 billion.
If calculated at the same level, the affected user funds that may be expelled from Tiger Securities (Q4 2025 AUM report of $60.8 billion) are about $48.6 billion. That is, Futu and Tiger Securities together may have about $175 billion in user funds affected and potentially expelled in this incident.
For the domestic market, as US stock traders lose access to platforms, they might turn to virtual currency platforms, especially since Elon Musk's SpaceX stock, which has recently exploded in popularity, will be listed on June 12. Currently, you can buy in advance on virtual currency platforms, effectively pre-market. I don't recommend buying the dip at the current price because most of the funds haven't entered yet; just wait for the decline—200, 190, 160. Watch below 200. Wait.
Today’s contract sharing
As shown in the chart, low leverage is preferred, with stop-loss at around 1.7 or 1.8, and take-profit target at around 2.8. A slow bull.