$SNDK SanDisk plunges 10%, 1-hour K-line shows "death cross"? Smart money already leaning one way!



Be greedy when others are fearful? Not so fast—the liquidation map reveals who's swimming naked.

SanDisk (SNDK) plunged 10.46% on Thursday, closing at $2090.71, with an intraday low of $2063.04. However, the 1-hour K-line shows a stabilization signal around 2105, with MACD green bars starting to shorten—is this a rebound or a bull trap?

The liquidation map is the key. In the 2100-2150 range, long liquidation intensity piles up to over 1.4 million, while short liquidation intensity simultaneously expands to 2.65 million—both sides have significant stop-loss orders lurking here, and whichever triggers first will passively accelerate the move. More concerning, smart money has already taken sides: all short positions are profitable, with a profit rate as high as 68.84%; while longs are overall in the red, with a profit rate of only 21.55%.

The news adds fuel to the fire: the US storage sector is in a full-blown crash, with Western Digital down 13%, Seagate down 12%, and Micron down 6.6%. Meanwhile, the latest DRAM fund rebalancing shows that SanDisk's position weight has been reduced.

Trading strategy: For longs—if the 2105-2112 range holds, lightly go long with a target of 2156-2200;

For shorts—if price rebounds to around 2250-2280 with signs of topping on volume, short in batches with a target of 2150-2100. Risk management first—don't fight the smart money.

💬 What's your take? Tell me your bullish or bearish direction in the comments. If this post gets 100 likes, next time I'll dissect Micron's earnings trap!#0成本拿2股SK海力士 #美光市值超越Meta跻身全美前十 $MU
SNDK-4.83%
MU-1.11%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned