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SNDK saw massive volatility in pre-market trading today, likely driven by the positive news released yesterday. That catalyst appears to have absorbed much of the selling pressure around 1,100, while strong chip demand is once again grabbing attention. Is the memory-chip bull run making a comeback?
Still, the move from just above 1,100 to over 1,600 in only two sessions is huge. It’s hard to believe there wasn’t significant profit-taking and selling pressure along the way. My view is that the positive news may have helped offset that pressure and keep momentum alive.
For tonight’s open, I’d rather stay cautious and, if the setup confirms, test the waters with a small short rather than chasing the surge.
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El pulso del mercado hoy
1#La probabilidad de que la Reserva Federal suba las tasas en diciembre ha bajado al 70%, aumentando la divergencia entre alcistas y bajistas
2#Hyperliquid's HYPE alcanza un nuevo máximo histórico, OKX e ICE impulsan contratos perpetuos hacia EE.UU.
3#Los emisores de stablecoins como Tether congelaron más de 1,567 millones de dólares en USDT
