
#BTC #ETH Begin attempting to short from the left side to catch the top; currently, the signal for a left-side top is not yet strong—maintain a position to add more on a further upward surge. [Now let me share my current perspective on the overall financial markets.] Although the crypto market has been rising for a long time—over a month and a half—the actual price increase has been relatively modest. In fact, Bitcoin’s gain hasn’t even outperformed the Nasdaq index when compared to U.S. equities. Therefore, if crypto doesn’t achieve a significant breakout in the near term, it indicates that the market remains weak and has not truly recovered. The U.S. stock market’s rally has indeed exceeded expectations. Recently, the Japanese and Korean markets have gone wild—absolutely incredible. This is driven primarily by a collective surge in AI storage modules, and secondarily by SpaceX’s confirmed IPO in the second half of the year, with OpenAI also likely to go public. Both are colossal companies requiring a strong U.S. market environment to absorb such massive offerings; many institutional players are now actively supporting the market to facilitate these listings. If this thesis holds, then U.S. equities could remain strong for another six months until SpaceX and OpenAI go public. But given how dramatically U.S. stocks have already risen, sustaining such strength for another six months seems unrealistic. More likely, the market will enter a prolonged period of high-range consolidation, during which institutions quietly exit while retail investors spiral into irrational euphoria—culminating in a full-scale collapse of U.S., Japanese, and Korean markets upon the SpaceX and OpenAI IPOs, finally bursting the long-discussed AI bubble.

