Post
BITCOIN_
$SKHYNIX vs $SNDK : Is the Semiconductor Sell-Off Overdone?
Both assets are dominated by profitable shorts, but I see an important difference.
SKHYNIX looks particularly vulnerable to further selling. Bears have little reason to retreat, and fresh flows still favor sellers.
SNDK is more interesting. Selling pressure is easing, while deeply negative funding suggests an increasingly crowded bearish trade.
My view: SKHYNIX could test $870. SNDK has better rebound potential toward $1,300 if buy
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$81,780.4+0.00%
ETH/USDTEthereum
$2,397.76+0.00%
SOL/USDTSolana
$104.66+0.00%
Today’s market buzz
1#CanBTCReboundLast
2#SpaceXQ3Earnings
3#NetflixQ3AdsAndMargins
