Sun Yuchen is Bearish on Nasdaq and Bitcoin, Suggests Liquidating AI Stocks May Be a Peak

Yili Hua stated that Sun Yuchen is bearish on the Nasdaq index and Bitcoin, believing that liquidating AI stocks could represent a future peak. Yili Hua mentioned that with the Democratic Party coming to power and the Huang Renxun incident, the short-term ecology of AI has been severely impacted, which will have a significant effect on U.S. stocks over the next year or even two, surpassing the analytical framework of Bitcoin trading data. Sun Yuchen pointed out that the leverage and subprime created by AI companies like Nvidia due to optimistic expectations about AI trends have far exceeded the current growth in AI revenues. If Nvidia or Musk encounters problems, the entire industry chain may face deleveraging and bubble bursting, leading to a continued significant correction in U.S. stocks, and it could even trigger a financial crisis, necessitating preparation for the worst-case scenario.

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