Make millions! Woke up and saw $SNDK SanDisk directly dropped 9%, probably making many people’s hearts skip a beat: the previous surge was too crazy, is a correction finally coming? But I don’t see it that way. On August 18, SanDisk once fell more than 9% intraday, and on the same day, storage leaders like Micron and SK Hynix also retreated together, indicating it’s not just SanDisk’s problem but the entire storage sector’s hot money actively cooling down. However, we need to be clear: the fundamentals haven’t suddenly changed. The recently disclosed Q4 of fiscal year 2026 showed revenue of $8.965 billion, soaring 372% year-over-year, with data center business up about 437% year-over-year; management also gave guidance that revenue will maintain mid-to-high double-digit growth from fiscal years 2028 to 2030. The real reason for the hesitation in funds is that the valuation has run ahead. AI-driven storage demand is solid, and SanDisk holds many long-term orders, making future revenue certainty much stronger than old cycles. But the stock price has already priced in a lot of optimistic expectations in advance, so as long as some take profits in the short term, volatility will be amplified. Therefore, I won’t turn bearish just because of a -9% drop, nor will I blindly chase higher just because the AI story is still ongoing. I’m more inclined to see this as a pressure test after a rapid rise. Going forward, don’t focus on intraday ups and downs; focus on the volume-price relationship after the pullback and whether the company’s performance can keep up. If the fundamentals remain stable during the adjustment, AI storage demand and long-term orders continue to materialize, then this drop is actually a re-finding of support; but if subsequent performance slope declines, spot storage prices loosen, and valuation compression stacks on top, then it’s not just an ordinary shakeout.

#30-year US Treasury yield hits highest since 2007 The 30-year US Treasury yield has directly reached a level unseen since 2007, and this signal cannot be ignored. Risk-free returns firmly stand above 5%, so what does this mean? For something like $BTC, which has zero coupon and is purely driven by expectations, it naturally gets discounted — holding for a year is basically a bet that someone will buy at a higher price, as cash flow is zero. Over this year, Bitcoin’s maximum drawdown was 46%, while gold, which also tells an inflation-hedging story, actually rose 33%. In turbulent times, tangible hard currency is king, and in this regard, Bitcoin still falls short for now. Capital flows are also very honest: crypto ETFs saw a net outflow of $90.55 million in a single week, clearly money is moving. $SETH is even worse off. Staking yields look like 4% annually, which seems okay, but with 5.3% US Treasuries available, the opportunity cost is obviously fake. Many hedge funds are already arbitraging: lending out ETH to stake for 4%, then buying US Treasuries to lock in 5.3%, grabbing risk-free interest rate spreads. Money is always the smartest; it goes where certainty is higher. $SNDK jumped from 1528 to 1786 in five trading days, nearly 17%, with a long-term supply, 80% gross margin, and AI storage boom — the story sounds great. But storage is cyclical; supply and demand depend on expansion rhythms of Samsung, Micron, and Hynix. SanDisk is a lone seedling and can’t turn the tide alone. Summary: As long as the 30-year US Treasury yield doesn’t turn back, don’t expect major systemic rallies in crypto and cyclical growth. Next, watch the Fed meeting minutes for dovish clues and geopolitical developments

Just got washed out by the last wave and took a loss, my heart is bleeding. But today I directly shorted $CORE on the rebound, and my mind is especially clear, no hesitation at all! Seeing it recently surge explosively and spike in the short term, the order book is full of emotion-driven resistance. The more it rises, the less I dare to go long; conversely, the odds of opening a short at the high point are maxed out. A bunch of retail investors got misled by this sharp rally, blindly chasing highs and taking the bag; those who understand the structure know this round has long detached from real capital logic. My core logic for firmly shorting: 1. CORE’s short-term gains are overextended, rising dozens of points in a few days, purely emotional herd behavior and hype, no fundamentals or incremental capital to sustain it, purely emotional trading, the bubble is visible to the naked eye. 2. Technically deeply overbought, RSI is dulled at a high level, the pullback signal lit up early, the bullish momentum above has mostly leaked out, going higher is very shaky. 3. The overall market is still oscillating and bottoming out, BTC hasn’t truly broken through, the altcoin profit effect is dissipating, this kind of isolated pump-and-dump coin is mostly a high-level distribution at the end. 4. After surging, it repeatedly gets pushed back down, the selling pressure above is locked in, every rally is a bull trap, it can’t break through, stagnation is already written all over it. Of course, stop-losses will be set properly; you can’t get carried away with these pump-and-dump coins, black swans can come at any time. #财报观察员：小米即将发布财报，你更看好哪条业务线？ $CORE

$CORE Brothers, short it! Don't talk about faith Don't talk about ecology As long as it rises, just short it! #OKX预言家第二季正式上线

$CORE actually knows how to move up in sync with the market, not easy. But if you rise, I will short you! My faith in you has already collapsed! Honestly, it was frustrating before; when the market was good, it pretended to be asleep, and when it corrected, it fell harder than anyone else—purely a token that falls but doesn't rise. Today it finally showed some backbone, a bit touching but not much. I've been hurt too many times, so I don't dare get excited now. I'm just afraid that if it gives a candy now, tomorrow it will slap me back hard. Please don't pull that trick of pumping one day and dumping for three days again. At least turn red once, please stay green for a few days in a row, so the long-term holders can catch a breath and know what a proper trend looks like. #闪迪投资者日后股价大涨，长期目标待验证

Did $CORE rise today? Good, just perfect for me to short it. I'll say just one thing: $CORE rose today, I will definitely short it, I just don't have confidence in it. It's not personal, it's just that the numbers are very clear— • It just hit a historical low of $0.01678 at the end of July, a retracement of over 99.5% from the 2023 high. The rebound is not a reversal, it's a dead cat bounce. • Total supply is 2.1 billion, with linear unlocking extending to the year 2137. Daily mining plus node unlocking keeps dumping tokens into the market; the selling pressure is coded in. • On August 11, the Coreum cross-chain bridge lost 200,000 XRP, and the Allbridge bridge was also hit by a flash loan attack. The security narrative is falling apart piece by piece. • The application layer collected $58,900 in fees over 30 days, which looks decent, but the token price doesn't follow fundamentals at all. The buyback income is too small to cover the unlocking flood. So I don't even give today's bullish candle a second glance: The more it pumps, the more stable the short orders are. Bulls treat it as BTCFi faith, I treat it as a liquidity trap. I don't guess the top, don't catch falling knives, don't argue with the community about the ecosystem—if it rises, I short; if it breaks previous lows, I add shorts; if it rebounds to resistance, I short again. The trend of CORE looks like a zeroing script in the long term, and in the short term, it's just handing fees to the shorts. Whoever wants to catch this pump, go ahead. I'm shorting, waiting for it to return to previous lows, then waiting for new lows. #闪迪长期协议成焦点，开盘表现待验证 $BTC

Don't rush to calculate how many times the bull market can multiply; ask yourself if your account can survive the next winter. The most absurd thing about this market is: when the market is good, everyone claims to be a value investor; when it pulls back 20-30%, faith starts to waver; when it really halves, everyone looks for reasons to argue "will it go to zero". BTC, ETH, SOL, SUI, OKB—in the end, it's never about whether you guessed the peak right, but whether you have the ability to let time work for you and hold your position until it becomes a base position. The cycle looks to 2030, the era looks to 2036. If blockchain really becomes the underlying pipeline for global assets and finance in the future, the current ups and downs are just a bit of static interference in the big cycle. But holding long-term is definitely not about blindly going all-in and toughing it out. Position size, cash flow, and stop-loss lines are always more valuable than just saying "hold to the death". Some people live by staring at minute charts every day; I choose to look at the landscape ten years from now. #消费动能转弱，9月政策仍受通胀制约 #标普盈利超预期，华尔街为何仅看7894点 #ETF买盘反转，BTC杠杆仓位回升 $BTC $ETH $OKB

#霍尔木兹协议待落地，原油风险等待定价 Trump suddenly posted a video message to Iran, and the geopolitical tension is heating up again, quietly triggering risk-off mode! The US blockade on Iran hasn't eased, and now he's personally stepping in to talk to Iran. Anyone with clear eyes can see: this is not just a statement, it feels more like a signal—there will likely be follow-up actions. So don't expect BTC to gain just because of a "safe haven" logic right now. Some people keep calling Bitcoin "digital gold," but when geopolitical friction and war expectations peak, smart money runs fastest to gold and US Treasuries. Gold jumps, the dollar strengthens, and BTC often gets hit first. To put it simply, it's just a thin layer of glass: When panic really hits, institutions' first reaction is to cut high-volatility positions, not rush in to buy crypto as a safe haven. If the Iran situation continues to escalate, don't get too hyped about BTC in the short term. But on the other hand, keep a close eye: If the conflict drags on, pushing oil prices up, inflation reemerges, and Fed rate cut expectations get suppressed, then BTC will likely take a hit first, and only later gradually return to trading based on the "dollar credit + global liquidity" mainline. Conclusion: For now, don't stubbornly label BTC as a safe haven. #霍尔木兹海峡僵局 #美伊博弈升级 $BTC

ETF Fund Flows｜Institutional Position Rotation Bitcoin Spot ETF: Weekly net outflow of approximately $389 million, marking the largest withdrawal in nearly 6 weeks Ethereum Spot ETF: Recorded a net inflow of about $6.7 million during the same period The key point is not exiting the market, but reallocating funds within crypto—from BTC to ETH. Several short-term bullish logics for ETH recently: • Fidelity's FETH is rumored to support staking, with yields payable quarterly in cash • Institutional preference is shifting toward assets that generate cash flow/income • BlackRock's ETHA continues to attract funds; allocation demand remains intact The appetite for funds has shifted, but flow is only a leading indicator; ultimately, confirmation depends on price structure. We'll watch as it unfolds. $BTC #消费动能转弱，9月政策仍受通胀制约