NVDA breaking the level is breaking the level—this cut isn’t over yet. In the past 4 hours and the daily structure is fully DOWN. 217 is directly kneeling under MA20 at 220.57 and MA50 at 224.1. The last 4-hour candle is a big bearish engulfing, dropping 2.9%. The bulls don’t even have the strength to struggle. The futures open interest has shrunk 20.77% over 7 hours; the money chasing longs has already been wiped out. 64% of active buy orders are just backstop buyers picking up the knife on the way down. Every dead-cat bounce to the moving averages is a cash machine for the shorts—don’t catch it.