$SNDK A 22% plunge in a single day, from 1038 to 794. This isn’t a shakeout—it’s flipping the table. I looked at data from the past three halving cycles: between the 6th and 9th month after each Bitcoin halving, there’s always been a violent altcoin-season shakeout, generally of 20% to 35%, before the main rally begins. We’re now in the 7th month after the halving, and this 22% drop lands right at the upper end of the historical shakeout range. The timing and magnitude both line up, but the historical data doesn’t tell me whether this shakeout will go deeper.

My view is that $SNDK this sharp drop was caused by leveraged liquidations and panic selling, not a fundamental collapse. The 5903M trading volume shows buyers are stepping in, and the low of 794 is only 1% away from the current price, making it extremely unattractive to chase shorts here. My strategy is simple: take a small long position around the current price of 803, keep it to 5% of total capital, and set a stop-loss below 780. If it breaks below that, admit I’m wrong and exit. The first take-profit target is 880, and the second is 940. If 780 breaks, don’t hold on—wait for it to fall into the 720 to 740 range before considering a second entry. The risk-reward will be more favorable then.
When choosing coins, I only trade established coins that have survived two bull-bear cycles during a halving cycle. $SNDK is one of them, but position discipline matters more than coin selection. Once this shakeout is over, capital will concentrate in assets with real narratives and liquidity. Don’t waste your bullets on garbage coins. My personal motto is “only trade cycles���, don’t chase hot trends.” I reduced my position by half ahead of this shakeout, so I have cash on hand now, waiting for this kind of panic.
One last question: Do you think $SNDK this is a shakeout or a shift to a bear market? Comment “shakeout” or “bear” and I’ll see how many people, like me, are waiting for the 780 stop-loss level.
History doesn’t repeat itself exactly, but it often rhymes. $SNDK