$SKHYNIX It dropped 13% at 1074—it's still not enough. I bet it will definitely break the 1000 level before tomorrow; otherwise, I’ll livestream eating a keyboard. In the last 24h, the high was 1244 and the low was 1063, with trading volume of $2232M. The tracks of the main force running are too obvious—this price-volume divergence looks exactly like the night before the last $XX crash. Back then, it was also a rebound with reduced volume to lure people in at the high.

Trading suggestion: chasing a short right now has the best cost-effectiveness. Set a stop-loss at 1160 to prevent a wick spike. First take-profit at 1040, second take-profit at the 1000 round-number support. Position size: 20%—don’t get carried away. If at this price you still want to bottom-fish, look at how much of the $2232M trading volume is active sell pressure. The order-book “buying and eating” data today is all big orders over 200k dumping the market—retail can’t catch it.

I’ve been trading $SKHYNIX since August. After every sharp drop of 13%, it always follows through with further sell-off. This time the daily chart has broken the 5-day moving average support. Technical indicators: RSI turned down from the overbought zone; MACD formed a dead cross above the 0 axis. Historically, with similar patterns, the average additional drop in 3 days is 15%. Don’t believe anything like “strong pullback.” The market maker’s cost basis is around 900— they can hold through losses better than you.

If you think I’m wrong, screenshot it and come slap my face tomorrow. I’m in the group every day waiting to watch the show. If you want to get on board, set your stop-loss—don’t let your own imagined “rebound” fool you. Remember, this coin went from 1244 to 1074 in only 24 hours today—the panic hasn’t reached the climax yet.