😱 This is way too brutal for the Korean stock market! For every 30 adults, 1 gets liquidated😰! Even the mayor of Seoul couldn’t stand it anymore—he directly blasted “rodent country”!!!

Brothers, I just saw the numbers and my mind went blank—1.2 million leveraged accounts hit the margin call line, and 320,000–360,000 accounts were forcibly liquidated and wiped out. On July 9 alone, liquidations totaled 142.2 billion won, nearly 5x higher than the day before.

There’s a 57-year-old uncle who withdrew 150 million won of retirement pension early and went heavily into Samsung and Hynix. Right now he’s sitting on an unrealized loss of over 30 million won—every night he can’t even sleep while watching the news.

And there’s a 39-year-old office worker who poured all 80 million won meant for buying a home into it. He’s down 18 million, so even his wedding has to be postponed.

$SAMSUNG ‌
Samsung is down 9.01% in the past 24 hours, with a low of 153.24. Even the lower Bollinger Band at 154.33 is almost about to break. It used to be 170+ before, brothers—this batch of trapped positions is enough to drive people absolutely crazy.

$SKHYNIX ‌
Hynix is down 8.64%, with a low of 1129.05. RSI(6) is only 18.03, severely oversold. But after it fell from the 1500+ peak, who would dare to catch this falling knife?

At a time like this, SK Group chairman Choi Tae-won said memory chip demand is growing on an exponential scale, and the stock price looks bullish in the long run.

But Korean regulators have already moved—pausing the listing of new leveraged ETFs, raising the margin threshold from 10 million won to 30 million, and changing the minimum trading unit from 1 share to 20 shares.

The mayor of Seoul went straight for it: The government approved the listings knowing full well the risks—that’s basically “creating a casino” for retail investors.

This year, the KOSPI has already triggered temporary trading halts 37 times, more than the 26 times during the entire 2008 financial crisis.

Brothers, do you think this is a golden opportunity or a bottomless pit? Chat in the comments about your position—let me see how many people are still on board👀
#夏日创作营