---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42751426.md"
description: "Last night's semiconductor sell-off was brutal. I came across an analysis today that attributes the essence to "profit-taking + deleveraging," not a fundamental collapse. The trigger was in South Korea: rate hikes and tighter margin requirements.Honestly, I believed it when I read it, but then I thought about it—I seem to believe every time. When prices drop, I buy into "technical correction"; when they rise, I buy into "sound logic." In the end, I just believe whoever speaks last.Coincidentally, Longbridge released an agent feature with anomaly analysis. I fed this whole paragraph into it.What truly shocked me was this: SK Hynix dropped 13.69%, yet funds saw a net inflow of $371 million. It also revealed that institutions had been net selling over 50 trillion KRW worth of SK Hynix leveraged ETFs a month ago.Translation: Institutions exited early → Retail investors took the bag in leveraged ETFs → Now they are being liquidated and dumped out → Institutions are coming back to bottom-fish at low levels. Retail investors were the ones holding the bag the entire time.Finally, it concluded: "Fundamentals haven't collapsed, but liquidity shocks may exceed expectations." Meaning: don't rush to bottom-fish; forced liquidations might not be over yet.It gave me chills. I want to ask everyone: for these pits created by forced liquidations, do you wait until they finish clearing before entering, or do you start catching falling knives now?$SK Hynix(SKHY.US) $Sandisk(SNDK.US) $Taiwan Semiconductor(TSM.US)"
datetime: "2026-07-17T04:01:55.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42751426.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42751426.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42751426.md)
author: "[MarketMood📈](https://longbridge.com/en/profiles/26745660.md)"
generator: "portal-rs"
---

# Last night's semiconductor sell-off was brutal. I …


### Related Stocks

- [SKHYV.US](https://longbridge.com/en/quote/SKHYV.US.md)
- [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md)
- [SKUU.US](https://longbridge.com/en/quote/SKUU.US.md)
- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)
- [TSM.US](https://longbridge.com/en/quote/TSM.US.md)

## Comments (13)

- **天灵灵地灵灵助我平安 · 2026-07-17T13:41:08.000Z**: Who dares to say this is the bottom now?
- **幻想日进斗金 · 2026-07-17T10:11:38.000Z**: 🪜Enable global mode!! If it's not working, it means global mode isn't on. HK SIM cards can be used directly with roaming enabled; connecting to Wi-Fi won't consume data.
- **袋鼠 · 2026-07-17T04:50:00.000Z · 👍 2**: I've always been skeptical about the net inflow data. How are active buy orders and passive sell orders distinguished? When liquidation orders hit, someone has to take them. If they trade, whose inflow does it count as? I feel like there's a lot of room for interpretation with this metric.
- **周叔的半生 · 2026-07-17T04:49:50.000Z**: So is this anomaly interpretation from an official agent? I'll try using it to verify the stocks I'm following.
- **主要靠运气 · 2026-07-17T04:49:41.000Z**: I've already started buying in batches. The fundamentals haven't deteriorated; every dip is a golden pit. If you're afraid, just hold spot positions and avoid leverage. It dropped 13% yet still saw net inflows; institutions are voting with their hard-earned money. Don't you get it?
  - **黄昏拂晓时分** (2026-07-17T05:01:46.000Z): Mainly, if the upcoming earnings report is explosive, it will bounce back up.
  - **Pengtz** (2026-07-17T08:05:25.000Z): It is net inflow from Korean oppas.
- **Vivian在买方 · 2026-07-17T04:49:31.000Z**: Did the position change after verification, or are you just watching the show?
- **数个一二三四五 · 2026-07-17T04:49:21.000Z · 👍 1**: AI just consolidated public information, don't overhype it.
- **等风来的人 · 2026-07-17T04:49:11.000Z**: Is this chart drawn by the agent itself? How do I access this platform?
- **稳进之路 · 2026-07-17T04:49:01.000Z**: Wait for the position to be closed +1. Before the liquidation spiral is over, bottom-fishing is just providing a second wave of liquidity to institutions. The new margin rules in Korea have only just taken effect, so there's still more to watch.
- **Alora · 2026-07-17T04:48:51.000Z**: I entered Southern Two Times Hynix in late June, and now it has crashed hard.
- **彩子 · 2026-07-17T04:13:44.000Z · 👍 4**: Fake. The analysis of these things in all the AI kernels we can access is hardcoded. The response template is not the same as what the main force uses.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**