The article highlights a large bearish position on Snowflake, with 80% of big-money traders showing bearish sentiment. This indicates that there is a strong belief among these traders that the stock price will go down in the short term. The targeted price range of $110 to $200 also suggests that there is potential for significant price movement. This information is highly relevant and important for investors in Snowflake, and the confidence in the analysis is high due to the clear data presented in the article.