Yi Lihua said Justin Sun is bearish on the Nasdaq and Bitcoin. Yi said Sun suggested that selling AI stocks now could later prove to have been a call at the market top. Yi’s post warned that leverage and subprime-like risks at AI companies have far outpaced growth in AI revenue. The post also warned that issues involving Nvidia or Musk could trigger industry-wide deleveraging and cause further sharp declines in U.S. stocks, potentially even escalating into a financial crisis.