SK Hynix traders, be cautious about chasing highs after the big surge on the 9th or 10th. Watch out for short-term downside risks, and be extra careful with leverage. Consider closing positions or taking profits at the right time. Reasoning: There are too many early long positions. When these traders break even or take profits, it creates massive selling pressure. Meanwhile, bears who benefited from the previous market drop have already exited, and there are fewer new short positions being opened or closed. Some might think institutions will absorb the selling pressure, or that retail investors' faith will hold strong, like how SpaceX skyrocketed. But they’re not considering the difference in scale of the selling pressure. One is a first-time IPO, the other is a secondary listing. The difference in holdings and positions is huge. If a downturn happens and the support isn’t strong enough, it could trigger a stampede effect. In the short term, watch out for the risk of a sharp drop due to selling pressure!