2026-11-11

It’s Singles’ Day today😂. Happy Singles’ Day to all my single friends! Did everyone buy anything for Double 11 this time? I didn’t buy a thing😂—I can’t make sense of those coupons anyway...
I went to sleep close to 3 p.m. and only just got up now😂. The storage-sector recovery looks pretty decent, but I lost money on storage stocks before, and even if SanDisk rallies to 1100, I still won’t break even. This is what happens when you try to catch a falling knife with a tight stop: if it drops sharply on heavy volume and then recovers, you’re fine. But if every dip is followed by a small bounce and then a new low, you just keep getting ground down.
Bitcoin hasn’t kept up with the Nasdaq’s recovery, and we still can’t confirm a 4-hour bottom (it needs to close back above 74860). On the 1-hour chart, we’re still watching to see if it can build a base around 735-734. For shorts, you can still try entering around 740-744, with a stop just above 74860.
Let’s see how the storage-sector recovery goes tonight. If the KOSPI doesn’t fall, there’s no reason for our daily chart to drop on its own.