$SKHYNIX Recently, multiple industry catalysts from SK Hynix have been rolling out one after another. The company has been approved for large-scale funding to expand an HBM factory, while Google has also raised its capital expenditure—together creating solid long-term expectations for the sector.



But the capital markets have always followed the pattern of buying expectations and selling facts. After all the news became public, the substantial long profit-taking positions inside the market began to close.

The price surged to hit the 1293.8 key resistance zone, continued to test without breaking through. The long momentum has clearly weakened, and reversal signals are becoming more and more apparent.

Using the resistance area to open 50x short positions, the bet is on a pullback after the good news is realized.

As selling pressure keeps being released, the price has fallen to 1226.2. The current position profit rate is 251.62%, and the short thesis has played out smoothly. $AKE $RECALL
AKE41.98%
RECALL2.84%
SKHYNIX-4.98%
View Original
post-image
SKHYNIXUSDT
Short
Cross 50X
Return %
+253.85%
Entry Price(USDT)
1,293.8
Mark Price(USDT)
1,224.3
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned