8.29 $SNDK Early Morning Analysis
The current price is 1483.78, right around the 100-day moving average (1480.39) — a key “defensive line” for long-term trend followers. From a larger timeframe, the price is still 52.9% above the 200-day moving average (964.67), so the long-term uptrend remains intact. RSI is 48.64, in neutral territory, with neither overbought conditions nor panic; after the pullback, momentum has had enough time to build.
Short-term net outflows of $38.08 million more likely reflect profit-taking digestion rather than any deterioration in fundamentals. Sandisk once dropped by half from its 52-week high of $2354 to $1119 before quickly rebounding — this kind of extreme volatility precisely shows how strong the divergence between bulls and bears is, while the fundamentals (earnings, orders, buybacks, and capacity expansion) all point upward without exception.
JPMorgan's $2250 price target, the $15.5 billion buyback plan, $31 billion in capacity expansion, and Nvidia's earnings beating expectations — none of these positives have disappeared; they are simply obscured by short-term capital flows. With the current price close to the 100-day moving average, this is exactly a reasonable area for long-term investors to accumulate in stages. My personal suggestion is that every pullback gives everyone an opportunity to go long #BTC #ETH #BTC走势分析
The current price is 1483.78, right around the 100-day moving average (1480.39) — a key “defensive line” for long-term trend followers. From a larger timeframe, the price is still 52.9% above the 200-day moving average (964.67), so the long-term uptrend remains intact. RSI is 48.64, in neutral territory, with neither overbought conditions nor panic; after the pullback, momentum has had enough time to build.
Short-term net outflows of $38.08 million more likely reflect profit-taking digestion rather than any deterioration in fundamentals. Sandisk once dropped by half from its 52-week high of $2354 to $1119 before quickly rebounding — this kind of extreme volatility precisely shows how strong the divergence between bulls and bears is, while the fundamentals (earnings, orders, buybacks, and capacity expansion) all point upward without exception.
JPMorgan's $2250 price target, the $15.5 billion buyback plan, $31 billion in capacity expansion, and Nvidia's earnings beating expectations — none of these positives have disappeared; they are simply obscured by short-term capital flows. With the current price close to the 100-day moving average, this is exactly a reasonable area for long-term investors to accumulate in stages. My personal suggestion is that every pullback gives everyone an opportunity to go long #BTC #ETH #BTC走势分析
