Storage has completed a major pullback, $BTC is consolidating at the bottom, and the resonance window has opened From June 22 to August 10, storage and BTC showed a clear seesaw pattern—storage experienced a deep weekly-level pullback, while BTC consolidated at the bottom with no further decline. Regarding storage, $SNDK hit a historical high of $2,354.39 on June 22 and then continuously fell, dropping another 9% on August 18 alone, while Micron fell 7% the same day. SNDK's maximum drawdown from the peak was about 32%, and the storage sector overall faced significant profit-taking in July. During the same period, BTC consolidated between $60,000 and $65,000, stabilizing around $58,500 in June, and mostly fluctuated narrowly between $62,000 and $66,000 in July. Until August 19-20, BTC surged violently, breaking through $69,000 with a 24-hour increase of over 7%, reaching a nearly three-month high. Now that the storage pullback is basically complete and BTC has already started to move up, their rhythms are becoming synchronized. The long positions window for storage and cryptocurrencies may have opened simultaneously, making it a good opportunity to buy the dip together

$SNDK previously experienced a violent market surge driven by concentrated funds rapidly pushing it up in the short term, but from its historical peak, it directly entered a cliff-like crash with zero support, with an overall retracement exceeding 99%. The market was continuously suppressed by relentless early-stage chip distribution selling pressure, unable to hold up for more than a few hours before being smashed through. Peers in the same sector like $BICO, $BEAT, $ALLO, $KAITO, and $APR all precisely captured the active buying brought by the loose liquidity released in this market cycle. The rhythm was clear, but $SNDK didn’t benefit at all from the sector rotation dividends, completely detached from the entire sector’s upward momentum. Instead, it remains trapped in its own independent downtrend channel, steadily declining along the short-term moving averages. Currently, the market has not undergone multiple rounds of sufficient turnover, and the risk of blindly entering to bet on a reversal has already reached an extremely high level

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$SNDK Deep V Reversal and Rebound Market Post ⚠️ Market review only, does not constitute investment advice 1. Core Market Data Current price 1689.74, 24-hour increase of 2.64%, intraday wide fluctuation between 1565.89-1724.16; Evening volume rebound stabilizes above the 5/10/20 moving averages, approaching upper resistance at 1697.19, short-term bullish momentum recovering; 24-hour trading volume 4.569 billion USDT, concentrated bottom-fishing funds entering, large-scale closing of low-position short orders boosting the rebound. 2. Core Drivers of This Round of Rebound and Rise 1. Oversold Recovery + Short Squeeze Previously plunged continuously from the 1821 high, short-term decline overextended negative factors, strong support hit at 1565 low, accumulating a large number of trapped shorts, rebound triggered concentrated short covering, passive buying lifted the price. 2. Institutional Fundamental Endorsement Multiple investment banks raised Sandisk target price, AI data center NAND flash demand explosion, company locked in two-year long-term supply orders, gross margin continuously rising, storage super cycle logic unchanged. 3. Macro Liquidity Recovery US Treasury yields fell, market rate hike expectations cooled, risk appetite rebounded, tech storage sector collectively warmed up, driving token synchronous recovery. 4. Policy Expectation Support Market bets on Trump administration introducing relaxed crypto regulatory policies, industry compliance environment easing, institutional capital willingness to deploy in the sector increased. 5. BTC Market Correlated Strengthening Mainstream coins rebounded across the board, capital rotation flowing into storage concept tokens, sector sentiment resonance

$SNDK current price 1689.74 Evening market analysis ⚠️ Market review only, does not constitute investment advice 1. Core market data Current price 1689.74, intraday increase of 2.64%, 1-hour level rebound approaching previous high resistance; Key levels: resistance at 1697.19, support at 1687.09, price stands above EMA5/EMA10 moving averages, short-term bullish retracement; 24-hour range 1565.89-1724.16, after a previous sharp drop, a repair rebound has started, volume has increased, but this is an emotional recovery after the decline, not a trend reversal. 2. Core logic for short selling remains unchanged 1. This round of rebound is a self-rescue by long positions trapped at high levels + short-term capital speculation, the previous high at 1821 was a leveraged capital impulse without long-term fundamental support, the basis for the rise is fragile; 2. High US Treasury yields suppress the technology growth sector, the storage industry still faces overcapacity expectations in 2027, the price increase cycle logic is gradually weakening; 3. Tokens and US stocks have premium divergence, high valuation bubbles have not been digested, huge gains within the year have overdrawn future expectations, profit-taking selling pressure risk remains; 4. Contract market repeatedly sweeps losses and shakes out positions, after a surge it is very easy for longs to take profits and flee again, risk of pullback is very high. 3. Evening subsequent trend forecast Strong resistance near 1697 is difficult to break effectively, this is a key defensive point for shorts, once blocked it will return to a downward trend; Even if there is a brief surge, it is difficult to replicate the previous 1821 rally, after the rebound ends it will fall again

SNDK Midday Real-Time Data Analysis ⚠️For market review only, does not constitute investment advice 1. Core Market Data Current price 1591.03, down 3.34%; 24-hour range 1565.89-1736.24, intraday volume increase followed by decline. Key levels: resistance at 1700.79, support at 1578.09; Bollinger middle band at 1597, price has fallen below moving average, bears dominate. Your opening average price is 1595.8, the current price is very close to the cost line, only a slight decline away from breaking even. 2. Core Reasons for Shorting 1. Rising US Treasury yields suppress the tech sector, storage collectively weakens, bullish sentiment completely dissipated; 2. Previous surge was driven solely by institutional research report hype, volume shrank during the rally phase, no long-term capital support; 3. This year's gains have overextended AI storage price hike expectations, with capacity concentrated to be released in 2027, a cyclical turning point is approaching; 4. Large profit-taking positions accumulated at high levels, weak rebound, continuous selling pressure release. 3. Short-Term Market Direction Price remains below moving average, rebound pressured at 1630, support at 1578 below; once broken, it will directly test the 1565 low, bearish trend continues. If you agree with what Mr. Jiu said, please like, support, and interact

$SNDK Morning Market Brief ⚠️ This is only a market review and does not constitute investment advice. The market opened sharply lower this morning, erasing all the gains from yesterday that were driven by bullish institutional research reports. The previous day's rally was on shrinking volume throughout, with no long-term capital support—purely short-term sentiment-driven speculation. Early in the session, momentum-following bulls exited en masse, causing a sell-off. The strong resistance level at 1683 is difficult to reclaim in the short term; the bearish trend has already begun to materialize. Previously, the entire network was hyping a big storage cycle, mocking me for heavily shorting and getting trapped, hoping to see me liquidated. However, this morning's price action has directly proven wrong all those chasing the rally. My account margin reserves are sufficient, so there is no risk of liquidation. I am holding confidently, waiting for the market to pull back, ready to fully recover and turn the tide. Brothers, feel free to share your views so we can discuss.

Success is never achieved overnight $SNDK ⚠️This is only a personal position review and does not constitute investment advice Everyone is focused on the market surge, all mocking me for being heavily short and trapped, saying the storage super cycle will always rise, urging me to cut losses and give up. Despite short-term sentiment driving the market up, bullish research reports, and sector-wide euphoria, I have never wavered in my judgment. The stock price has overextended two years of growth expectations, massive production capacity will crush the market next year, the flash memory price bubble will burst sooner or later, and the current surge is all a bull trap. The current unrealized loss is just a temporary paper number, with sufficient margin there is no risk of liquidation, I can endure the volatility and pull. When this wave of bullish sentiment fades, high-level profit-taking will flee en masse, the price will fall back to retest my opening average price, and then I will perfectly break even. All the bearish logic I had initially predicted has come true. Those who blindly chased the rally and mocked me will only be trapped at the peak. This time, I am turning the tide against the wind. Are there any brothers holding short positions like me, waiting to prove the bulls wrong and turn the tables?

Maintain a good mindset; you will definitely be profitable in the end. Watching the market 24 hours a day, 25 hours a day—how does that make money? Can watching K-lines make money? Can technical analysis make money? If support and resistance are accurate, isn't that like picking up money directly? Keep a good mindset, control your position size well, and you will most likely make money. Even if you lose money, you don't need to be overly tense.

4 Solid Logical Reasons Why I Heavily Shorted $SNDK ⚠️ Objective market interpretation only, not investment advice 1. Valuation bubble completely overextends expectations Surged over 170% this year, the market prices cyclical flash memory stocks as AI growth stocks, most of the rally has already priced in future price hikes, massive profit-taking positions piled up at high levels ready to be cashed out anytime. 2. Earnings rely entirely on price hikes, real demand is weak Two-thirds of revenue depends on NAND price increases, mobile and PC consumer storage continue to decline due to inventory reduction; only AI business supports the bottom line, once flash memory prices ease, gross margin will plummet sharply. 3. Capacity will be released in 2027, cycle turning point approaching Samsung, SK Hynix, and Kioxia new factories will start mass production in the second half of the year, NAND supply growth will exceed AI demand growth, current shortage is only a short-term illusion, flash memory price hike benefits are about to peak. 4. Institutional shorts + major shareholder sell-offs create double negative Citron publicly released a short report, pointing out that storage supply and demand is a mirage; parent company Western Digital's large discounted sell-off, high-level shareholders exiting is a clear peak signal. The market is run by time, not by emotions and speculation