US technology stocks are currently facing significant pressure, with analysts warning of a potential sell-off as investor positioning remains overly bullish despite recent market corrections. Citigroup strategists have highlighted the risks, noting that the Nasdaq and other tech stocks are particularly vulnerable. Dan Niles, a market expert, emphasized that the market has not yet reached its bottom during this correction, suggesting caution for investors looking to navigate a potential recession. The overall sentiment indicates a challenging environment for tech stocks as they grapple with these pressures.