Feels like a direct reversal here is not very realistic. Especially today, the storage move was led by Micron pulling up the price, since it dropped below the U.S. IPO price of 149. It's normal for someone to buy the dip for a rebound. But for a direct reversal here, more events need to align. The current price is still very high, and on the monthly chart, it’s only dropped to the June low. In reality, retail investors’ profit-taking positions still far outweigh the trapped positions. Proceed with caution.