Yili Hua: Sun Yuchen is bearish on the Nasdaq and Bitcoin, stating that liquidating AI stocks may be the future peak

Yili Hua stated that originally after escaping at 86,000 dollars, he had been thinking about bottom fishing, and the waiting time was patient enough. However, with the Democratic Party coming to power and the Huang Renxun incident, it completely shattered the short-term ecology of AI. In recent days, we have been repeatedly contemplating one thing: how the next year or even two years will affect the U.S. stock market. This has gone beyond analyzing Bitcoin trading data frameworks.

Last night, I discussed for nearly an hour with Sun Yuchen about why he is bearish on the Nasdaq and Bitcoin. Sun Yuchen mentioned that clearing out AI stocks now might just be the future high point. In the past few years, AI companies represented by Nvidia have leveraged and subprime loans due to an unlimited optimism about the AI trend, far exceeding the current growth of AI revenue. If the leading Nvidia or even Musk encounters problems, the entire industry chain will face a round of deleveraging and bubble bursting. The U.S. stock market will continue to undergo significant corrections, and if it gets worse, it could even trigger a financial crisis. Always be prepared for the worst-case scenario.