0.31 seconds ago I just finished shorting $SNDK , and now I can see the 1575 crowd has already profited 8% less. With the same starting capital of 1000U, if you go long you’re down to only 881U now; my short is already up to 1080U. The difference is exactly in this kind of play.

Round 1: Downspeed showdown. In the past 24 hours, SNDK dumped from 1802 to 1480, a drop of nearly 12%. The trading volume of 3.05B yuan shows the main force is unloading aggressively. You’re not catching a falling knife—you’re catching a chain saw.

Round 2: Rebound trap. Current price 1575 has pulled back 6% from the lows, but a rebound on shrinking volume is usually to build up energy for the next leg of plunging. The 24h high at 1802 is the ceiling—none of the green candles dares to turn back and touch it.

Round 3: Stop-loss space. If you enter a long now, the stop-loss almost needs to be set below 1480; the price difference is close to 100 points. Admit you’re wrong only after you lose 10%? For shorts, put the stop-loss at 1650 and bet on a move toward 1400—the risk/reward is 3:1.

Round 4: Open-position volume game. With SNDK’s kind of selloff, if it keeps breaking 1480, the next support is 1250—that’s the dense trading zone from the end of last year. What you’re doing by taking over the bids now is giving the main force buy orders to distribute.

My openly stated plan: short lightly at 1575, stop-loss at 1630. First target 1480, second target 1400. If it rebounds to 1600, add position, and total exposure must not exceed 20% of your total capital. Going long? Wait until it truly holds above 1700 before considering it.

Don’t tell me this is a bottom. A bottom is something you go through, not something you guess. If you pick wrong, don’t blame me—blame yourself for showing your neck in front of the butcher.

→ Tonight, will your 1000U turn into 2000 or go to zero? Drop your choice in the comments—I’ll review them one by one.