SNDK around 1830 is indeed a good spot to short, riding the C-wave decline; I missed it this morning due to other commitments.

I can't calculate the depth of the pullback; there's significant randomness involved.

The pullback has technical justification: after consecutive gap-ups, rising US Treasury yields have pressured tech stocks' financing costs and valuations.

I'd suggest a range above 1550. Shorts who get filled below 1700 should watch the tape closely.

If it stabilizes in this range without negative catalysts for the broader market, it could 酝酿 (brew) a new rally to challenge 1947.2 (the 70% retracement level of the previous drop).

A break below 1550 would look very much like a bull trap driven by fundamental tailwinds—a classic 'pump and dump' scenario.

My approach is dynamic: I don't predict direction or bluff. Bluffers love saying 'fundamentals are great,' listing endless data points while claiming long-term bullishness even after a 50% crash.

Most retail investors use leverage and have strong gambling tendencies. High-beta stocks aren't suitable for leveraged long-term holds; it's better to wait for key levels to break out before judging the trend.