#How can blockchain security evolve amid AI and quantum threats? The decentralized storage project SNDK is drawing attention for its post-quantum encryption narrative, but short-term capital is clearly flowing out, and I expect any rebound to be weak.
Down 7.1% over 24 hours, currently at 1495.4, with trading volume of just 380,000. Buy orders total 420 versus 537 sell orders, a buy/sell ratio of 0.78, indicating seller dominance. The funding rate remains positive at 0.0226%, with open interest at 77,000 coins. Longs have not capitulated en masse, but both the 1-hour and 4-hour trends are downward. Price has retreated 16.65% from the 4-hour high, with only temporary short-term support around 1467.3.
Strategy: If price rebounds to around 1538, consider a small short position, with a stop-loss at 1592 and a target of 1443. If price drops to 1443.5 and strong buying support emerges, consider reversing into a long position, with a stop-loss at 1388 and a target of 1517. Keep the position size below 5% of total capital; with funding rates positive, avoid holding a large position overnight.
—This is only my personal opinion and does not constitute investment advice. Wishing you successful trading.—
$SNDK How can blockchain security evolve amid AI and quantum threats?