$SKHYNIX This round of gains is supported by expectations of a recovery in the storage chip cycle, and it follows the semiconductor sector to deliver a phase of rebound.

However, with the latest industry research data now in place, the recovery in end-market consumer electronics and PC demand has fallen short of expectations. Major storage manufacturers remain cautious about expanding capacity, and the once-hot price-increase expectations in the market have started to cool.

Funds that entered at low levels earlier are using this rally to keep reducing positions as the price pushes higher, with large sell pressure continuously coming in. Market incremental buy-side “catch-up” capital is severely insufficient.

The price has repeatedly tested the 1293.8 resistance level but has been unable to break through effectively. Trading volume continues to shrink, and a typical price-volume divergence structure has emerged.

Catch the turning point to set up a 50x short position, betting on a pullback after the market’s speculative expectations fail to materialize.

Ongoing sell pressure keeps releasing and pushes the price back to 1168.1. Current position return on investment is 467.88%, and the short-side thesis has been validated by the chart.

The semiconductor sector is highly prone to short-term rebounds driven by industry news and correlation with US chip stocks. With 50x high leverage, the margin for error is very small. Consider taking profit and locking in gains in batches—don’t blindly hold long-term. $AKE $BANK #美国对60个经济体加征关税