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SanDisk Technology -14%
Micron Technology -12%
No warning, no news on the tape—just a sudden breakdown.
In the afternoon: Samsung -12%, SK Hynix -12%.
In the evening: it’s US stocks—this is what a bubble looks like; people started running.
This crash is the long-on-long slaughter in tech stocks and the stampede of longs—it has nothing to do with news.
Bitcoin BTC is still trading in a small range.
The low is 62000, the high is 65000—oscillating within a 3000-dollar range for a week, still stuck around this level: not dead, not alive; it can’t sell off hard, and it can’t rally hard either.
In a tight range, go long near 59000-60000; go short near 67000-68000.
Everything else is intraday short-term trading—make a quick scalp profit and get out.