🔥$SNDK Is there still a chance for the long at 1570? Can it be fully unwound today—this depends on the key point here! Lao Lin took a look at the order book. The long at 1570 is currently trapped in a high zone, but it’s not an unsalvageable position. This wave of SanDisk started around 1430, then surged consecutively to 1503. After that, there wasn’t a large sell-off; instead, it moved sideways around 1480-1500, which shows that although there is overhead supply, there’s still demand supporting it. Today, the price has tested around 1500 again, and the short-term structure remains bullish. First, 1500 is today’s line dividing long and short. The price has already reclaimed the area around 1495. If it continues to break through 1505-1510 with increased volume, the upside space will open further, and the 1570 trapped longs have a chance to enter an unwinding window. Second, don’t be scared off by yesterday’s pullback. After SanDisk went through a fast adjustment earlier, capital flowed back in again. The market’s expectations for AI storage and flash-memory demand still exist, which is also why funds have been repeatedly going long the storage sector recently. Third, 1570 isn’t a faraway target. But don’t rush to chase higher here. In the short term, you need to break above 1510 first, then look at the 1530-1550 resistance. Only if it’s truly strong will there be a chance to push toward 1570. Lao Lin remains firmly bullish. Even though the dip-buy was made halfway up the mountain, today’s U.S. stock market open is still not without hope to unwind and keep looking long above 1500. Pullbacks to 1480-1490 that don’t break are still opportunities to accumulate. For the 1570 long to be fully unwound today, what matters is whether the volume can carry a breakout above 1510. Don’t panic-sell and cut losses at a low level. Real profits often come when others lose patience. #长鑫今日上市成交901亿 #ETH重返1900美元