$MU There’s no denying the long-term logic of the AI storage sector, but in the short term the market has already built up a huge rally, and most favorable news has been absorbed by the market in advance.

Morgan Stanley recently shared a view, indicating that the momentum for storage-sector profit upgrades is weakening; combined with SK hynix and Samsung continuing to expand HBM production, competitive pressure in the industry is gradually increasing.

After pushing the price up to test the key resistance zone at 997.59, multiple attempts failed to break through. Buying strength keeps weakening, and the willingness of long positions to take profits at elevated levels is rising.

Based on the pressure inflection point, set up a 50x short position to bet on a correction when valuations are at a high.

As sustained selling pressure keeps releasing, the price falls back to 976.13. Current position return is 103.59%, and the short-side outlook has been validated. $AKE $DEXE