A retaliatory rebound?! Yesterday, two smart money that were rolling short SKHX were completely rewritten today by a rebound of over 30%. KOSPI surged nearly 18%, SK Hynix rose over 30%, and Samsung Electronics rose 28%. The core of market repricing is the previously questioned AI capital expenditure, which is now being realized through the performance of storage chips. Yesterday's SKHX short order of 0xebe... a14070 had a floating profit of $12.9313 million, but today it has turned into a floating loss of $283000. Although he reduced his position from 50100 to 24200 SKHX, he still retained approximately $28.4466 million in short positions, with an average price of $1163.31. SMSN's short positions also changed from a floating profit of $797100 to a floating loss of $495900. However, under the hedging of positions such as crude oil short positions, the overall unrealized profit of its account is still $1.4144 million. The handling of the other address 0xd04f... 23ecad is more decisive: first, stop the original 3905 SKHX short order, then reopen the short order around $1181, recover some losses during the pullback, and finally close all SKHX short orders. Yesterday, two addresses simultaneously rolled short, seemingly forming an independent consensus on the AI storage market. Today's reversal indicates that when performance narratives once again outweigh capital expenditures and competition concerns, directional consensus may quickly turn into crowded trades. 0xebe chooses to continue holding after reducing its position, while 0xd04f will completely clear its position after the judgment expires. Follow up on these three sets of conditions: -$1163.31: The price continues to exceed the 0xebe cost, and the remaining empty orders continue to bleed; -From $1173.87 to $1183.55: Stand firmly in the dense area of empty space reduction and trigger more replenishment, but the squeezing is still ongoing; -$1134~$1140: Only when it falls below here again does it indicate that the profit taking zone of 0xd04f has been recaptured by bears. The same direction can lead to two outcomes: smart money does not rely on always judging correctly, but on having room for the next move when judging incorrectly. Smart Money Direct: 0xebe Address: https://www. ((aicoin.com))/zh-Hans/hyper-detail/0xebe126adabe1a8f08d3ce53b45e7cc994ca14070 0xd04f Address: https://www. ((aicoin.com))/zh-Hans/hyper-detail/0xd04f97191224cf0396b09acb80adb06b5823ecad Hynix SKHX Samsung