This short position on $SKHYNIX is honestly not a reckless decision.



When it couldn't break through those highs a few times, I felt something was off. The more people think it can keep going up, the more likely a sharp drop occurs.

I actually noticed this level earlier, but I didn't rush to act.

From 1737.4 to 1459, there were also pullbacks in between. The most painful part is that one move, where many people get shaken out.

The real change is here: the pullback didn't bring sustained buying; instead, it bounced weaker and weaker. I've seen this kind of market behavior too many times.

So I chose to go long, not because I was very certain, but because this level gave me room to test.

Now the feedback is at +392.79%, and this segment has already given the answer.

I don't want to be greedy going forward; I'll protect the profits first and see how the rhythm goes.

Don't chase if you missed it. The biggest risk for short sellers making money is getting carried away. The next opportunity will come on its own.

$BTC $ETH
SKHYNIX-8.23%
BTC-1.56%
ETH-2.18%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned