Some declines don’t come out of nowhere—this $SKHYNIX move is exactly like that. At first it looked like it was still pushing up, but in reality, every time it surged higher, the strength got weaker and weaker. Any seasoned trader should understand this feeling.

I’m not watching SKHYNIX because it has to drop. It’s because the reaction around 1737.4 is just too awkward. The bulls want to push, but can’t. The bears aren’t in a hurry to smash either—it's as if they’re waiting for the last batch of people to get on board. The real change came after a failed dead-cat bounce, and then the market action became very clear-cut.

Moving from 1737.4 to 1473.8, the short-position feedback for this leg shows +371.9%, which essentially confirms the earlier judgment. To put it simply, the biggest risk in this kind of market is overthinking. Even when the rhythm is clearly in the bears’ hands, you still insist on trying to guess the bottom.

Now I won’t rush to flip the position, and I won’t make things messy just because I’m in profit. First, I’ll hold onto the outcome of this wave and keep the protective level set in place. Then, if there are no new signals later, I’ll let myself rest for a while.

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