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CoreWeave’s better-than-expected results drove a rebound in AI-related sectors. Nasdaq 100 futures rose nearly 1.9% at one point premarket, while chip and storage stocks strengthened in tandem.


SanDisk (SNDK) continued to rally after finding support in the 800–840 range, breaking above 1000 intraday today and reaching a high near 1011. In the near term, watch whether it can hold above the 1000 round-number level; overhead resistance lies in the previous congestion zone.
The tech stock rebound is helping improve overall risk appetite, but watch whether volume continues to expand intraday to confirm the move and avoid a spike followed by a pullback. $SNDK
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SNDKSNDK-0.18%
Add a comment
Add a comment
Comment 6
StakeTree
Node staking yields are shrinking, storage stocks are rising, but on-chain data remains unchanged.
FundingFisher
What about the funding rate?
SolSniper
It was quick to break above 1011, but I’ve seen plenty of AI-themed coins on Solana peak right at launch, and I don’t see sustained volume here.
WyckoffHunter
Seasoned crypto traders wait three days after this kind of breakout to confirm whether it’s a fakeout.
CrossMarketCarrier
I’ve been watching SNDK’s 1,000 mark for hours. China’s A-share storage stocks haven’t followed, but AI coins in crypto have already jumped. There’s exchange-rate data tonight, so there’s no rush to rotate until it’s confirmed.
BullBearFerryman
Follow the trend, but 1,000 is a round-number level with three historical false breakouts. This time, I’ll wait for the daily close to hold steady.

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