$MU Violent rally to 1190! All short positions below 1130 wiped out! Lao Zhang's last chance to cut losses, missed it and you’ll regret it!

Shorts are like holding a hot potato, if you don’t throw it away quickly, your hand will be burned!

Brothers, MU is so fierce this wave, the hourly K-line directly broke above 1190 USD, with no turning back! Those who shorted at 1130 or even lower, are your accounts now turning green in panic, heartbeat racing? Lao Zhang understands you, but panic alone is useless, you need to face reality.

How dangerous are the bears now? On-chain data shows that MU’s large short positions amount to 72.84 million USD, longs only 40.01 million, shorts are 1.8 times the longs! What does this mean? It means every time the price nudges upward, the short liquidations avalanche like an avalanche, getting bigger and bigger. The liquidation chart is clear: from 1052 to 1188, every price level is filled with short orders, once it breaks 1200, it’s all fuel for liquidations!

Even more deadly, on-chain news says Micron’s target price has been raised from 510 USD to 1300, Citigroup also calls for 1200, and after Wednesday’s earnings report, profit is expected to surge nearly 10 times! With such good news, are shorts risking their lives to hold? Moreover, whale 0x3200 just opened a 10x long today, with 10.57 million USD pouring in, average price 1169, they are betting real money on the upside, and you’re still stubbornly holding?

What about brothers caught in the trap? Lao Zhang won’t keep you in suspense, giving you two ways out:
First, during the pullback, take a small loss and exit the market, keep the green mountain, not afraid of running out of firewood;
Second, actively cut losses and hedge protectionally, based on your entry point and position size.

Don’t operate blindly, seek Lao Zhang’s advice.

Wednesday’s earnings report is the last window.

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