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$SNDK A hammer blow to rate-hike expectations!
The rate hikes in Japan and South Korea have already been confirmed, and global tech stocks are being repriced. SNDK is down 1.48% in pre-market trading, and this is very likely only the beginning.
South Korea has restarted rate hikes after 3 and a half years, the Bank of England’s hawkish signals are strengthening, and Japan’s interest rates are rising steadily— the direction of tighter global liquidity is already very clear. As the storage sector is one of the AI hardware tracks with the largest gains this year, it faces the most pressure in this kind of macro environment.
Gege Jia’s direction is still down—don’t be fooled into buying in on a rebound like yesterday. That’s just delivering ammunition to the shorts, not a reversal signal. #BTC反弹触及65000美元 $ETH