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Bearish

The AI storage myth shattered overnight! $SNDK plunged in a single day—don't catch the falling knife!



SNDK plunged straight through 1250 from a high of 1421. This isn't a pullback; it's a cascading long liquidation.

Three bearish catalysts converged: Samsung's net profit missed expectations, dragging down storage sentiment; Microsoft and Google both reported capital spending below expectations, putting AI investment returns under intense scrutiny; and SNDK faced profit-taking after its earnings, along with a slowdown in sequential revenue guidance. The storage sector is already among the S&P 500's worst performers, and even another blowout earnings report can't save valuations.

Trading idea: Short near 1260-1240 on a rebound. Chasing a breakdown with shorts is for suckers; waiting for a pullback is what hunters do.

Do you think this sell-off will hit 1100 or find support at 1200? Post your target price in the comments—tomorrow morning, we'll see who got it right!

#BTC大跌
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SNDKSNDK-0.18%

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ConvertibleArb
5 hours ago
I’ll take profits on the short at 1200 for now; 1100 feels too aggressive. Wait for a rebound signal
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DRIP_Preacher
5 hours ago
Short order placed at 1260. I’ll add to the position if it breaks down—there’s no reason not to short this setup
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MapleLender
5 hours ago
Microsoft and Google are cutting spending. Is the AI bubble about to burst? SNDK is just the beginning
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BlueChipCollector
5 hours ago
Samsung’s move dragged the whole market down. The memory cycle hasn’t bottomed out yet, so don’t rush into buying the dip
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DeFiAbacus
5 hours ago
First Review
A long-squeeze cascade is the most terrifying—there’s no time to stop-loss, and entering now is like catching a falling knife.
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