I’m officially going head-to-head with Anthropic! I’ve added another $1 million to my position—will I get liquidated or make a fortune this time?
1. Did you know Anthropic is going public in just 9 days? The world’s leading large-model company is about to IPO, and the buzz is every bit as big as the excitement around the mega-rocket SPCX. It could very well surge hard!
2. The market really has been extreme lately. Tech stocks have crashed, with many plunging 30% or even 50%, and Anthropic is no exception. Shu Qin got caught in the downturn too. Its expected valuation has also dropped from $2 trillion to $1.5 trillion, and the price has fallen to 1,300. I think it’s a good time to add to the position and bring down my average cost. After it goes public, we might not only break even—we could even make a little profit.
3. As shown in the picture, I added $110,000 to my position at a little over 1,300. It goes public in just 9 days, so it all comes down to this! And judging by how SPCX traded, it could keep climbing for several days after the IPO. So the first day it goes public may not be the peak—it could rise some more afterward. Let’s hope the broader US market doesn’t hold it back then.
4. As for Bitcoin, Shu Qin suggested yesterday that everyone go long around $75,000 during the second test of the lows. Looking at it today, it did indeed rebound by more than 1,000 points. I think there may still be room to move higher, since resistance is around $77,100. Of course, if you want to play it safe, you can take profits in stages.
5. Overall, Bitcoin bears seem to be running out of steam. Every time the price breaks below the previous low, there’s no major plunge—instead, it manages to recover. That shows there’s actually strong buying support below.
6. Right now, the market is still being weighed down mostly by tech stocks. Let’s be patient for now—the US market won’t keep falling forever. When tech stocks rebound, that’ll be our chance to fight back. A rebound is bound to come. Once you’ve made your move, leave the rest to time. Sound good?
1. Did you know Anthropic is going public in just 9 days? The world’s leading large-model company is about to IPO, and the buzz is every bit as big as the excitement around the mega-rocket SPCX. It could very well surge hard!
2. The market really has been extreme lately. Tech stocks have crashed, with many plunging 30% or even 50%, and Anthropic is no exception. Shu Qin got caught in the downturn too. Its expected valuation has also dropped from $2 trillion to $1.5 trillion, and the price has fallen to 1,300. I think it’s a good time to add to the position and bring down my average cost. After it goes public, we might not only break even—we could even make a little profit.
3. As shown in the picture, I added $110,000 to my position at a little over 1,300. It goes public in just 9 days, so it all comes down to this! And judging by how SPCX traded, it could keep climbing for several days after the IPO. So the first day it goes public may not be the peak—it could rise some more afterward. Let’s hope the broader US market doesn’t hold it back then.
4. As for Bitcoin, Shu Qin suggested yesterday that everyone go long around $75,000 during the second test of the lows. Looking at it today, it did indeed rebound by more than 1,000 points. I think there may still be room to move higher, since resistance is around $77,100. Of course, if you want to play it safe, you can take profits in stages.
5. Overall, Bitcoin bears seem to be running out of steam. Every time the price breaks below the previous low, there’s no major plunge—instead, it manages to recover. That shows there’s actually strong buying support below.
6. Right now, the market is still being weighed down mostly by tech stocks. Let’s be patient for now—the US market won’t keep falling forever. When tech stocks rebound, that’ll be our chance to fight back. A rebound is bound to come. Once you’ve made your move, leave the rest to time. Sound good?
