The U.S. stock market is still following the same old playbook: never get emotional with the market The most obvious change in this market cycle: It is not that one company suddenly got better. However, the market has reconfirmed one thing: Cloud providers’ capital expenditures are still ongoing, and data centers remain the largest infrastructure of the AI era. As long as the CapEx cycle has not ended, the semiconductor, optical communications, and server supply chains will find it difficult to truly cool off. That is why optical-module stocks have rebounded rapidly recently: It is no surprise that funds have flowed back into AAOI, MRVL, AXTI, LITE, and others. The market is not speculating on one or two days’ worth of earnings, but on the AI infrastructure construction cycle. But the easiest mistake to make here: Is chasing after seeing prices rise. After many stocks rise 30%, 50%, or even double, sentiment has already begun to overextend itself. The real opportunities are often not found when the market is at its hottest. But rather in assets that are: The most popular in the previous trend; Held by the greatest number of people; Subject to the greatest market controversy; Have suffered the deepest declines; Yet have experienced no fundamental change. Because they often are not inherently valuable, but merely catalysts for renewed market attention. After trading for so many years, my feeling has become increasingly clear: There are no permanent winners or eternal outcasts in the market. Capital is always looking for the next direction. Hot sectors rotate, and narratives shift. What is abandoned today may be what gets pursued again in the future. My own trading principles are also quite simple: Only participate in the market’s most liquid sectors. Respect the trend while it is rising; When profits are realized and expectations are fulfilled; Do not forget trading discipline simply because you like an asset. For popular sectors such as AI, storage, and semiconductors, the logic can be studied, but position sizes and risks must be controlled. When the market gives you profits, take them. In one sentence: When rotation begins, the hardest-hit areas are often where opportunities most readily emerge. But opportunities belong to those who research in advance, not to those who chase after prices have risen. The market has no feelings, and trading should not be emotional either. Buy when it is time to buy, sell when it is time to sell. That is how to survive in the market over the long term. #美股芯片股全线大涨 $BTC

$BTC The daytime livestream provided A long entry on SNDK near 1444; take profit with TP near 1455, successfully securing a profit.

8.5 Qingfeng Evening Live Trading Record Bitcoin entry at 64520, exit at 63910 The evening short-side downward move played out perfectly, and those who followed the rhythm steadily pocketed 610 points in profit. To move forward steadily in trading, don't rely on subjective guesses about the market. Rely on market signals for judgment, strictly observe trading discipline, and execution is the key to profitability!$BTC #TetherGold逆势扩张持仓增长9.5% ‌