$SNDK Price down 3.2% today, trading $1,035. We tagged $991.91 low and now bouncing a bit.
That drop to $991.91 is significant. We broke below that $1,055 level from yesterday and kept going. Volume is heavy, sellers still in control.
We did get a wick at $991.91, showing some buying interest there, but price struggling to hold above $1,035.
First resistance is $1,111. Need to reclaim that for any real bounce. Above that, $1,266 is next level.
Support at $991.91. If that breaks, next is $880...
Bitcoin $BTC Holds Near $64K Despite $SKHY Chip Stock Selloff
BTC traded close to $64,000 on July 29 after a roughly 1% rise.
Asian equities and US index futures fell hard or semiconductor weakness.
SK Hynix $SKHYx dropped about 17% anc Samsung fell 12%, dragging the MSCI Asia Pacific index lower. Bitcoin held up better than traditional tech, with #Ethereum also up near $1,899
Some long positions got liquidated (around $30M), and funding rates stayed positive. Traders are watching the Fed d...
$ETH is holding the $1,600–$1,700 support zone after a long decline, and buyers are trying to build a recovery from this area.
If $ETH stays above $1,600 and breaks $2,800, the next major targets are $3,600 and the previous all-time high near $4,800. However, losing the $1,600 support would weaken the bullish outlook and increase the risk of further downside.