🔥$SKHYNIX A giant whale opened a $43.93 million short squeeze? Lao Lin, instead, is watching this opportunity! After the news came out, many people’s first reaction was: the whale opened such a big short—will Hynix (SK hynix) drop? But looking at the chart, Lao Lin believes you can’t just look at the news—you have to look at the flows and price action. Here’s the current situation for Hynix:

1. A pullback from a high level, but the broader trend hasn’t been completely broken. It surged from around 1146 all the way to around 1355, and the upside is already significant—so profit-taking is completely normal. Then the price quickly dropped back to around 1230, but didn’t continue to break below; instead, it rebounded back above 1300, suggesting that buy support from lower levels is still there.
2. 1300 is now the key spot for the short-term. The price has moved back above 1320, and the bulls are trying to regain lost ground. If it can hold above 1350, then the next leg could challenge the 1400 resistance area.
3. The whale’s short position, instead, is creating market panic. The script the market likes most is: news comes out → retail gets scared → funds at lower levels accumulate. Of course, the strength of the short-side capital can’t be ignored, but the real weakening signal is breaking key support levels, not just seeing someone open a short. Lao Lin is bullish, but if there’s no suitable pullback entry, don’t rush to board. This Hynix correction looks more like a shakeout after an advance—not an end to the trend. As long as 1300 holds, keep watching for the rebound. Don’t panic just because a whale opened a short—what the market ultimately looks at is the price. #Gate事件合约首发狂欢 #GOOGL财报亮眼但盘后跌超3%