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Did Hisilicon 1000 break the key level, guys? Zhaowei already made it clear to everyone in the afternoon yesterday: given the recent market environment, breaking the level is only a matter of time. He 千叮嘱万嘱咐 everyone not to buy the dip, but some friends still refused to believe and had to go long. With no bottom having been seen, how could it be a “buy the dip at the bottom”?
Is sndk’s 1000 level still far away? In the morning’s back-and-forth whipsaws, the lowest dipped to around 1028—it's only one step away from this level. Are the friends on the bulls side now wavering?
I’ll stress it again: the downside pattern hasn’t ended yet. The bears are still the main theme right now. There’s no doubt that market sentiment is bearish. Don’t become unconfident just because of a short-term corrective rebound wave—shorting is the main theme right now.
For the next move, first watch whether sndk breaks the 1000 level and then the target is around 950.
Hisilicon should follow through and short accordingly; the target is below 900$BTC