The hardest-hit part of this drop isn’t the magnitude of the fall itself—it’s how much it looked like it was about to break out. $SNDK has been grinding repeatedly in the high range; after watching it for a long time, many people misread it as building up momentum. I think the more it grinds, the more dangerous it is, because the overhead supply keeps getting eaten and the bid support hasn’t strengthened.

What really caught my attention was after SNDK hit around 1695.17, every time price tried to push higher, it always fell short, then it started pulling back faster and faster. This is already not right—strong price action wouldn’t keep repeatedly giving sell pressure opportunities like this. The main players’ rhythm is clearly letting the late buyers go in first.

Now it’s traded down to 1384.36, and the profit on this short position has been updated to +880.22%. After the room for volatility opened up, the shorts are cashing out very smoothly. Brothers with big position sizes, don’t just stare at the numbers for fun—handle it in an 80/20 staged manner: first put the profits into your pocket, then keep the remaining position with a protective stop to see whether it continues to dip.

This segment is comfortable enough to take; if you didn’t catch it, don’t chase—wait for the next opportunity.

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