Trader: Memory sector volatility persists ahead of Micron earnings; BTC may test $82K support
Trader degentrading (@degentradingLSD) noted that macro indicators show 10Y and 30Y yields nearing historical highs, while the memory and semiconductor sector, including SK Hynix, Samsung, Micron (MU), and Western Digital (SNDK), faces downward pressure. The market is awaiting Micron's earnings report. In the crypto space, BTC may test the $82,000 support level as major and altcoins weaken. The trader has reduced positions in TAO and DOGE and taken profits on CRDO to manage risk, while looking for short-term bullish opportunities during the KBW period.
Summaries are written by AI from the original article. Not investment advice.