# Пов'язані статті щодо Market Cycle

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Market Cycle", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Countdown to the AI Bull Market? Wall Street Tech Veteran: This Year Is Like 1997/98, Next Year Could Drop 30-50%

"AI Bull Market Countdown? Wall Street Veteran: This Year Feels Like 1997/98, Next Year Could Drop 30-50%" In an interview, veteran tech analyst Dan Niles draws parallels between the current AI boom and the 1997-98 period of the internet boom, suggesting the bull run isn't over yet. The core new driver is identified as "Agentic AI," which performs multi-step tasks and consumes vastly more computing power than conversational AI. This shift is expected to boost demand for cloud infrastructure and benefit CPU makers like Intel and AMD, potentially pressuring GPU leader Nvidia. However, Niles warns of significant short-term overbought conditions in semiconductors. His central warning is for a potential major market correction of 30-50% starting in early 2027. Drivers include a slowdown from high growth comparables, the outsized capital demands of companies like OpenAI, and a wave of massive tech IPOs sucking liquidity from the market. A J.P. Morgan survey of 56 global investors aligns with this view, finding that 54% expect a >30% U.S. stock correction by 2027. Among mega-cap tech, Niles favors Google due to its full-stack AI capabilities and cash flow, expresses concern about Meta's user growth, and sees potential for Apple's AI Siri and foldable iPhone. Niles advises investors to be nimble, hold significant cash, and closely monitor the conflicting signals from equities, oil prices, and bond yields, which he believes cannot all be correct simultaneously.

marsbit05/13 08:33

Countdown to the AI Bull Market? Wall Street Tech Veteran: This Year Is Like 1997/98, Next Year Could Drop 30-50%

marsbit05/13 08:33

How is the 'Bottom Structure' of a Bear Market Formed, and Where Are We Now?

This article analyzes the formation of Bitcoin's bear market "bottom structure" by examining the relationship between cost basis and price action, particularly the behavior of short-term holders (STH). Historically, the cost basis of coins held for 1-3 months (1-3m_RP) has acted as a key resistance level during bear market rallies. This group's supply is often less committed; many entered the market expecting quick gains but were trapped. When the price rebounds to their break-even point, they tend to sell, creating resistance. Data shows that as of mid-April, the 1-3m_RP is approximately $75,400, a level Bitcoin is currently testing for the second time this cycle. The first test in mid-January failed, leading to a pullback. The author suggests a high probability of a similar outcome this time, as historical cycles show the second test rarely results in an immediate reversal. An alternative, less likely scenario is a break above this level, only to face stronger resistance at the broader STH-RP (average cost basis for all short-term holders) near $81,000, where a much larger supply of 2.31 million BTC resides. This could lead to price consolidation around the 1-3m_RP. A definitive bottom structure is confirmed only when the 1-3m_RP trend reverses from down to up, signaling a transition from a bear to a bull market. This process takes time, requiring patience to observe whether breakouts are genuine.

marsbit04/16 05:54

How is the 'Bottom Structure' of a Bear Market Formed, and Where Are We Now?

marsbit04/16 05:54

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