$LITE 905 sideways, popped up 6 points in 24 hours, with a fee of 0.000458. The bulls are still paying protection fees, and the open interest is at 18,000 contracts, not much action. In this geopolitically heated phase, semiconductors are being treated like military stocks, but chasing the highs is just piling on the funds—what else could it be but a recipe for disaster? Once news hits or sentiment cools off, a sell-off could be brutal. Right now, I'm definitely not chasing; I'm waiting for panic to kick in. For spot, I'm looking to buy in batches at 880-890 on the retrace, but the risk-reward on long contracts is currently terrible. If geopolitical tensions escalate and volume spikes, then I'll consider chasing on the right side; otherwise, I'm just here to watch the show.

Trading tag: #TradFi #链上美股 #LITE

In this risk-off sentiment, how will LITE perform?