Yesterday Zhaoxin Technology’s IPO exceeded expectations. I judged that the overseas storage sector would face significant short-term pressure, and leading players like SanDisk and SK hynix would definitely be hit first. So instead of betting on a rebound, I went ahead and, together with my brothers from the main group, set up a $SKHYNIX short position in advance.



Today the market action matches expectations perfectly. Funds have been steadily taking profits; Hynix has kept falling all the way. This trade has been successfully closed for a profit, and the return is already over 6x.

From a technical perspective, on the 1-hour timeframe, the MA5, MA10, and MA30 have already formed a bearish alignment. Price has stayed below the moving averages, and the rebound volume keeps getting weaker and weaker, indicating that the bears still have the upper hand.

As long as it doesn’t manage to reclaim the key moving averages, I’ll continue to lean bearish on the short term.

Trading isn’t about chasing pumps and dumping—it’s about preparing your plan in advance. By the time everyone reacts, the profits are often already taken by people who laid out the positions early.

There will be new opportunities ahead, and I’ll continue to share them with the main group.

#晒出我的持仓收益 $BTC $ETH
SKHYNIX-5.27%
BTC0.33%
ETH1.74%
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post-image
SKHYNIX_USDT
Short
Cross 50X
Return %
+649.34%
Entry Price(USDT)
1,237.8
Mark Price(USDT)
1,070.9
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BaseFeeTracker
· 11h ago
Looking back, it all seems like a great move, but what matters is whether you dared to do it at the time. The poster even arranged an ambush with his brothers in advance—this kind of courage and judgment is worth learning. Still, even with a bearish setup, watch whether it’s rushing to bottom; position management has to stay on track.
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LSDExplorer
· 12h ago
Awesome—went long in advance by shorting early and made a 6x profit. This move is rock-solid.
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CrossChainFerry
· 13h ago
At the hour-level, bearish positioning is indeed clearly evident; the rebound amount is weak, so it’s reasonable to stay bearish in the short term. However, you should also watch for the possibility of an oversold rebound, since the profits have already been taken.
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LongTermCapital
· 13h ago
This is the information gap and execution—ChangXin’s IPO beyond expectations put pressure on overseas storage. The fact that you could think ahead and short HailiSi, then capture a 6x return… you really have to admire it. Trading definitely requires making a plan in advance, not blindly following the crowd. By the time everyone reacts, the whole thing is already gone—there’s no soup left. Let’s see afterward whether we can keep tracking opportunities like this.
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