Crypto analyst Ali Martinez is advising investors to sell NVIDIA stock following the market uncertainty triggered by President Donald Trump’s new tariffs.
The tariff war with other countries has caused a sudden crash across the entire stock market, hitting everything from technology, stocks to crypto.
Even financial institutions, including JP Morgan, have raised the chances of a U.S. recession following the tariff shock.
NVIDIA’s stock was one of the hardest hit in the chaos. The price dropped sharply to $94.31 before bouncing back slightly to $97.64, marking a 3.53% gain on the day. Right now, the stock is trading for $104.82, which is up 7% today.
In spite of the recovery, the stock is still at the lower end of its 52-week range. The crash follows a massive rally where the stock gained over 1300% since mid-2022.
Analysts say the market is still shaky. Some investors are holding out for a turn if the Federal Reserve lowers interest rates. Others worry there will be more losses if the tariff battle rages on. The uncertainty has added pressure to already nervous markets, with many trying to figure out their next move.
Ali Martinez, a well-known figure in the crypto world, shared a warning in a recent post on X. He pointed to the appearance of the “super trend indicator” on NVIDIA’s chart. According to Martinez, this pattern has shown up before every major NVIDIA crash in the past. He said, “The last three times this indicator flipped, NVDA dropped 46%, 30%, and 59%.”
The analyst believes this is a sign of another big shift in the market. In the past, the indicator appeared right before NVIDIA’s 2018 correction, its 2020 pandemic drop, and its 2022 sell-off. Martinez says this is not a coincidence and expects the trend to repeat.
Investors now face a tough choice of either holding on and hoping for a recovery or following the signal and selling.
