币圈老腊肉1688-kevin

Binance Wb3 Wallet Rewards

Brothers, let me tell you a great way to save 30% on trading fees (follow the instructions as shown in the picture)

In the Binance app, select Home Page; at the top, there are two options: Trading Platform and Wallet

Step 1: Choose Wallet and switch to Wallet;
Step 2: Choose Invite Friends
Step 3: Enter the invitation code: EHJSNS5W (copy it to the position shown in the picture)
Step 4: Claim the reward below

Especially for brothers who like on-chain memecoin gambling and do high-frequency trading—remember to bind the invitation code: EHJSNS5W to get a 30% reward. If you trade less, you can get 5u or 10u; if you trade more, you can get dozens of u, or even 100u
点击钱包，赶紧去绑定邀请码：EHJSNS5W ，领取奖励吧！

Is it about to start falling?

$B It’s happening again—this time, is it different?
After the spike, it’s still bearish

$KORU Continue to short the Korean index
On Monday, the open will continue to fall
On Friday, Asian stock markets were all plunging; the Korean market was closed to avoid the worst
Deleveraging is still ongoing, and there will be more downside
$SKHYNIX
$SAMSUNG

$ZHIPU $MINIMAX $TENCENT Zhipu’s shares plunge 28%: Is it an AI bubble bursting or just a short-term correction?

On July 17, Hong Kong-listed AI leader Zhipu (02513.HK) suffered the biggest single-day drop since its listing. It closed at HK$1,107, down 28.49%, with more than HK$200 billion in market value wiped out. Such extreme volatility reflects a profound shift in the market’s view of the AI sector—from irrational exuberance to rational reassessment.

1. Overview of the plunge
Zhipu opened lower and fell throughout the day, ultimately closing at HK$1,107, nearly halving from its historical high of HK$2,980. Within a single day, its market value shrank by more than HK$200 billion, setting the bleakest record since the company’s listing.

2. Immediate trigger: a rival’s strong iteration
The fuse for the plunge was the release of the Kimi K3 model by the Dark Side of the Moon on July 16. Its core capabilities were comprehensively upgraded, and its commercialization ARR growth far exceeded expectations. This directly shook market confidence in Zhipu’s competitive moat, triggering a rush for capital to exit in panic.

3. Deeper cause: valuation bubble and lock-up release shock
In the first half-year after its listing, Zhipu’s share price had surged more than 24 times, but the company was still in a loss-making position (P/E -152). Its valuation had seriously detached from fundamentals. The July lock-up share release, combined with a large placement, led to part of institutional placements being at an unrealized loss of 30%. Together with the earlier profit-taking crowding toward the exit, this formed a stampede that accelerated the bubble’s burst.

4. Institutional divergence and future variables
Goldman Sachs gave a “Neutral” rating with a target price of HK$1,880; JPMorgan Chase raised its target price twice to HK$2,400, highlighting fierce contention between bulls and bears. The market’s pricing logic is shifting from “sector premium” to “fundamental validation.” Whether Zhipu can stabilize depends on the pace of technical iteration, adjustments to its commercialization strategy, and when the earnings inflection point will arrive.

Short-term pain is unavoidable. But Zhipu has core technologies and resources in government-and-enterprise clients; its long-term value still awaits performance to deliver. This plunge may well mark the beginning of AI investment returning to rationality, as the market shakes out weaker players.
#MoonshotKimiK3引发芯片股抛售

$ZHIPU $SOXL $DRAM The reasons behind the US stock semiconductor AI plunge have been found!

In the past, the market believed that “the more compute and the larger the model, the more obvious the advantage.” But the arrival of Kimi K3 has shaken that belief— a small company with limited compute can still catch up to, and even surpass, the leaders through architectural and algorithmic innovation.

Kimi K3 has 28 billion parameters, supports a 1 million-token context window, and uses a mixture-of-experts architecture, activating only 16 experts each time. Combined with a new attention mechanism and training methods, the model’s efficiency per unit of compute has improved significantly.

In the Frontend Code Arena blind test, K3 topped the chart with 1679 points, surpassing Claude. Out of seven subcategories in frontend development, it took first place in six. However, its overall capability still lags behind top closed-source models, and there remains a gap in user experience and leading product polish.

The market is more focused on cost and openness—K3’s cost is about 40% lower than that of the US’s top models, and its open weights make it easier for government and enterprises to deploy.

This challenges two valuation logics at the same time: first, the high-price subscription and API pricing of US models—open-source models offer similar capabilities at lower prices, shrinking the pricing premium enjoyed by closed-source models; second, the capital expenditure logic of semiconductors and data centers—if more progress comes from architecture and algorithm optimization, the marginal returns on compute spending will be questioned.

On capital expenditures, cloud providers still have incentives to keep investing, because revenue comes not only from hardware rentals, but also from added services such as intelligent routing and security certifications. But these positives are more of a long-term narrative. In the short term, the market’s main concern is cloud providers’ marginal spending and financing pressure.#MoonshotKimiK3引发芯片股抛售

$AKE a few days ago I sold at a loss
Someone said they saw it go 10x; I don’t know if it can rise to 10x
I’ll add a little with a small position and see

$SNDK $SOXL $SKHY Storage sector sees a V-shaped rebound during the day—why did it all get sold back off again into the close?

Last night, the storage sector put on a textbook “roller coaster” pattern. SK hynix surged more than 9% intraday, but closed down to just 1.13%; SanDisk jumped over 6% during the session, yet ended down more than 3%; Micron rose over 5% intraday, but finished down 0.5%. The rebound looked pretty fierce at one point, but by the close, it had given it all back.

The logic behind the rebound was simple: after the sell-off, bargain-hunting capital stepped in and tested the waters. The previous day, SK hynix fell more than 13%, SanDisk dropped more than 12%, and Western Digital slid more than 9%. After a short-term oversold move, someone always wants to “grab a piece.”

Ahead of the open, SanDisk temporarily recovered its 7% drop and flipped back to green; Micron rallied from down 5% to green; and SK hynix’s ADR swung from nearly -4% to more than +3%. The dip-buyers were betting that the selling had already gone far enough.

But the pullback into the close exposed a bigger issue: market confidence in AI-related capital expenditures is wobbling. A Goldman Sachs TMT trading specialist pointed out that over the past 48 to 72 hours, worries surrounding AI and semiconductors have been intensifying as sell pressure persists.

The options market was also flashing red: the put/call trading volume ratio for major semiconductor ETFs was more than three times the level associated with a breakout—far above the historical average. Some active fund managers have already begun to reduce exposure to AI-related assets. In plain terms: big money is retreating, and retail dip-buyers can’t catch the falling weight.

In the end, it boils down to one sentence: storage fundamentals haven’t broken down, but the high-level positioning was too crowded. Profit-takers rushed to exit, and what started as a rebound turned into a classic “don’t go, neighbor” trap for the late buyers.

The Philadelphia Semiconductor Index has already pulled back 20% from its highs, entering a technical bear market—this adjustment won’t be over in just one day. #闪迪单日跌12.63% #日经225跌5%创3月来最差

$SPCX $SPCXB $QQQ Has the bargain-buy opportunity for SpaceX’s small rocket appeared?

Recently, almost all of SpaceX’s news has been bad: corporate bonds being dumped, the stock price falling below the IPO issue price, and Starship test flights being halted again for some reason. Market sentiment has hit rock bottom, and many holders are starting to waver.

But if you break it down carefully, hidden behind this string of negative headlines is actually a short-term tug-of-war opportunity—provided you can distinguish between “the holes dug by sentiment” and “the overvaluation that value can’t support.”

First, the facts
It’s not perfect that the Starship test was stopped, but the safety system triggered in time, keeping the risk on the ground without causing serious consequences. The real pressure is on the narrative side: the delay in the test flight weakens the market’s imagination of “rapid iterations,” and combined with the release of locked-up shares, rising expectations of interest-rate hikes, and Meta’s high-profile entry into the compute rental business that has sparked competitive concerns—multiple negative factors resonated together, causing the stock to oversell.

Short-term strategy
Negative sentiment has already been fully digested, and market expectations are suppressed to a very low level. The next key point is whether next week’s re-test launch can go smoothly— even just completing basic objectives (such as successful ignition or a brief flight) could trigger a sentiment-driven rebound. Traders looking for short-term setups may consider positioning before the launch and then realizing gains ahead of the earnings window, betting on event catalysts.

But the long-term perspective is completely different
Even if the stock falls to the current price, $125 is still far above a reasonable valuation based on discounted cash flow (about $90). No matter how “sexy” the rocket business may look, it ultimately has to return to profitability and capital returns. Short-term trades bet on sentiment, long-term holds bet on value—these two logics don’t conflict right now, but you must be clear about what money you’re actually making.
#SpaceX收盘跌破IPO发行价

$TRADOOR Bull is back again
Back and forth, again and again

$SPCX $MUU $SNDK US stock market close summary: Apple regains the No. 1 spot globally by market cap; SpaceX Starship test flight hits another snag

On Friday, a list of the top stocks by trading value for the US market was released, showing a mixed performance among technology stocks. Apple’s intraday market cap briefly surpassed Nvidia, returning to the world’s top spot for the first time in more than a year; meanwhile, SpaceX shares continued to fall for the sixth consecutive day after the Starship launch was called off.

1. Micron Technology (MU): Trading volume topped the list at $54.029 billion, but the stock closed down 0.5%. The company has recently signed long-term agreements with multiple auto suppliers including Qualcomm, aiming to provide stable storage components to power AI-enabled vehicles.

2. Nvidia (NVDA): Trading value was $29.21 billion, with the stock closing down 2.21%. During the session, Nvidia’s position as the global market cap leader was briefly overtaken by Apple, but it narrowly held onto the No. 1 spot by the close.

3. SanDisk (SNDK): Trading value was $27.654 billion, and the stock closed down 3.99%; this week’s cumulative decline has already exceeded 29%.

4. Apple (AAPL): Trading value was $21.068 billion, and the stock rose slightly by 0.14%. Its intraday market cap once again reached the No. 1 spot globally, and investors remain optimistic about its AI potential. In addition, Apple is in preliminary talks with the US Department of Justice regarding its 2024 antitrust lawsuit.

Other focus stocks

* Meta (META): The stock closed down 2.79%. The company is discussing with AI firm Anthropic, planning to rent out its data center computing power; the partnership value could be as high as $10 billion.
* Tesla (TSLA): The stock closed down 2.61% and fell 6.6% over the week.
* SpaceX (SPCX): The stock closed down 5.43% and has now dropped for six straight trading days. The Starship test flight originally scheduled for Thursday was aborted at the last moment due to an engine ignition fault. CEO Elon Musk said they expect to attempt another launch again within the next few days.
* Netflix (NFLX): Shares plunged 7.26%. The company’s Q2 earnings were a mix of good and bad, and it announced it will reduce the frequency of disclosures about user viewing-behavior data—from once every six months to once every year.
* TSMC (TSM): The stock closed down 2.77%. After the US market close, news emerged that TSMC will add $100 billion in investment in Arizona.

$QQQ $SOXL $SPY Dow Jones index turns positive first; S&P 500 index is currently down 0.58%, the Nasdaq’s decline has narrowed to 1.1%, and it fell as much as 2.4% at one point in early trading.

$SKHY $MUU $SNDK $SK Hynix (SKHY.US)$ US shares rose nearly 4%; earlier they fell by more than 4%, dropping below the $149 issue price.

$Micron Technology (MU.US)$ and $SanDisk (SNDK.US)$ saw their declines narrow to less than 1%.

$SPCX $SOXL $SOXS Recently, the tips I’ve received have been increasing more and more
Thank you brothers for your support and for liking it
The market these days is really tough
Still, I have to help the brothers make money

$SKHY With the premium on Hynix in the US and Korea narrowing

SK Hynix US stock futures turn to gains before the open, now up 3%
It had earlier fallen nearly 4%, and the previous trading day saw a plunge of 13%.

$ACX was hacked again
go in and empty it

SpaceX shares fall nearly 5% before the open

In the news: the company’s Starship rocket was called off before takeoff prior to launch.

$NFLX Netflix (NFLX.O) falls 9% in pre-market trading

News: The company expects its third-quarter revenue and profit to be below expectations.

$SKHY $SNDK $MU US stock storage concept stocks generally fall premarket

SK Hynix (SKHY.O) is down 2%, SanDisk (SNDK.O) and Western Digital (WDC.O) are down 6%, and Seagate Technology (STX.O) and Micron Technology (MU.O) are down about 5%.

$1000BONK is another major bearish shock from the information market
Enter to short a wave