Nvidia remains in a short-term corrective pattern, and a sharp decline alone is not enough to conclude that the trend has reversed.

From a technical perspective, I’m focusing on two price ranges:

First: $167.13–$174.68

This is a key resistance zone that needs to be broken for a short-term rebound.

If the price can break above $174.68 on strong volume and then hold above that level, the short-term rebound may have a chance to develop into a broader trend recovery.

If the rebound continues to fail to break through this range, it can still only be described as a rebound within a downtrend, and it would be premature to conclude that the bearish trend is over.

Second: $148.8–$130.68

Last night, Nvidia hit a low of $148.8, entering the medium- to long-term watch zone I’m focused on.

For investors with no position or only a small one, this is a level worth watching more closely.

But to be clear: worth watching does not mean it has necessarily bottomed, nor does it mean you should invest heavily all at once.

My approach is:

1. Near $148.8, focus on whether the price can stabilize.

2. If it continues to fall toward $130.68, reassess the medium- to long-term investment opportunity.

3. If there is a high-volume rebound from the lows and the trend structure improves, consider gradually increasing your position.

4. If key support is decisively broken, reassess your original view and avoid blindly adding to your position.

In addition, Nvidia currently faces event risks, including changes in its leadership. Investment decisions should not be based solely on historical price ranges.

My key view:

Risk often builds as prices rise, while opportunities may gradually emerge as prices fall.

A truly mature investor does not try to predict every bottom. Instead, they stay rational when the market is fearful and act according to plan when the risk-reward balance improves.

Nvidia is still worth following over the long term, but even a good company needs a good price—and sound position management.

Don’t chase highs or blindly try to catch the bottom. Build a position gradually and wait for the market to provide its answer.

The above reflects my personal market views and technical analysis and does not constitute investment advice.