Encrypted total market value returns to $2.8 trillion; market sentiment has warmed, but SNDK has not strengthened in sync. In the past 24 hours it is down 0.1%. I believe it is in a choppy repair period where it lacks follow-through on rallies. From the chart, the 4-hour trend is still downward. The current price at 1773.7 is 1.92% below the 4-hour high. The 24-hour low at 1760.6 is a key near-term support; resistance lies at 1842.4. Trading volume is only 383,000, the funding rate is zero, and open interest is 53,000, indicating neutral leverage sentiment. In the top 10 levels of the order book, the buy/sell ratio is 1.29, with the bids slightly stronger, but the strength of the 1-hour rise from the highs has already fallen by 2.62%. Strategy: if it pulls back to 1762.3 and stabilizes, you can cautiously try a long position with a stop-loss at 1753.8 and a target at 1828.6. If it breaks out above 1836.5 on increased volume, then chase the long with a stop-loss at 1821.4 and a target at 1861.2. Keep position sizing within 20%. If it breaks the level, exit immediately.

——Only for personal opinions and does not constitute investment advice. Wishing you a smooth trade.——

$SNDK#Crypto total market cap reclaims $2.8 trillion