$MU Violent surge to 1190! All short positions below 1130 are wiped out! Lao Zhang's final chance to cut losses, missed it and you'll regret it!

Short positions are like holding a hot potato in your hand; if you don't throw it away quickly, your hand will be burned!

Brothers, MU's move is too fierce, the one-hour K-line directly broke above $1190, with no turning back! Those who shorted at 1130 or even lower, are your accounts now turning green in panic, heartbeat racing? Lao Zhang understands you, but panic alone won't help; you need to face reality.

How dangerous are the bears now? On-chain data shows that MU's large short positions amount to $72.84 million, while longs are only $40.01 million, with shorts being 1.8 times the longs! What does this mean? It means every time the price nudges upward, short liquidations will avalanche like an avalanche, growing bigger and bigger. The liquidation chart is clear: from 1052 to 1188, every price level is filled with short orders. Once it breaks above 1200, it's all fuel for liquidations!

Even more critical, on-chain news indicates that Micron's target price has been raised from $510 to $1300, Citigroup also calls for $1200, and after-hours earnings forecast shows nearly a tenfold increase in profit! With such bullish news, are shorts going to hold on for dear life? Moreover, whale 0x3200 just opened a 10x long position today, with $10.57 million bought in at an average price of $1169. They are betting big with real money, and you're still stubbornly holding on?

What about brothers who are trapped? Lao Zhang won't keep you in suspense; here are two ways to survive:
First, during the pullback, take a small loss and exit the position, keep the green mountain, and you won't lack firewood;
Second, actively cut losses and hedge for protection, based on your entry point and position size.

Don't operate blindly—seek Lao Zhang's advice.

Wednesday's earnings report is the last window.

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