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$SNDK This wave is actually a good test of traders’ ability to judge market sentiment.
Earlier, the price surged quickly from around the low of 1492, reaching as high as around 1984, and market sentiment noticeably warmed up.
But during the advance, the closer it got to the high, the more obvious the divergence in funding became.
When the price surged to the top but couldn’t keep breaking through, followed by a rapid pullback, I started paying attention to potential short opportunities.
The biggest problem with this kind of market is that many people see how sharply it rose earlier and simply assume there’s still room ahead.
But trading isn’t about how much it has risen in the past—it’s about whether there is still funding willing to keep pushing it forward now.
At the moment, the price has returned to around 1780, and the short term has entered a new round of battling again.
Next, I’ll focus on the resistance around 1880 and the support around 1590, waiting for the market to give the next direction.
Opportunities often show up when sentiment is most aligned, and risks also hide right there.
Going forward, I’ll keep sharing changes in the order book and my own trading observations, and be prepared in advance—doing so matters more than chasing pumps and selling into dumps.$BTC $ETH #PreIPOs第二期OpenAI认购