Nasdaq could plunge 25%; SNDK’s crash mode is on. Is a major US stock market crash coming?

A rebound without volume backing it is like a broken-down car with no engine—it’ll roll a little before plunging off a cliff.

Analysts warn that US stocks could crash, with the Nasdaq potentially falling as much as 25%. SNDK plunged from 1908 and has now barely bounced back to 870!

Money has been fleeing at a furious pace for 15 days, with 800 million flowing out. The 880–900 range above is packed with short positions, and there’s virtually no volume.

Trading suggestion:

Short around 880–890, targeting around 850–830. Don’t go long before it can hold above 900 on strong volume.

What if 880 is a false breakout? Can the previous low at 793 hold? @BTC梵昕 will help you pinpoint the perfect entry!

$SNDK $MU $BTC #美股走弱,加密货币市场普遍承压 #ADP美国10月私营就业增加8.6万人 #据报哈国政府投1亿美元加密基金