Crypto KOL Community & Market Trends

Top Ten Unsolved Mysteries in Crypto 1⃣ Satoshi Nakamoto, the founder of Bitcoin, disappeared completely after 2011, and his identity remains a mystery to this day 2⃣ Friedcat (Jiang Xinyu / Friedcat), an early Chinese Bitcoin mining-machine pioneer and founder of ASICMiner, disappeared on January 25, 2015, and has been missing ever since 3⃣ Ruja Ignatova (Cryptoqueen)

BEAT at $2.4—do you dare bet?

First, on the surface: it fell from $11 to $2.4, a 78% drop, and then went sideways.

Recently, it pulled back from higher levels to the 2.3-2.5 support zone, with frequent sharp daily fluctuations between 2.3 and 3.7. Weekly revenue is equivalent to the burning of approximately 800k BEAT, with cumulative burns exceeding 17 million tokens. The 2.2-2.5 range has held multiple times. This is no coincidence—it is real buying pressure absorbing the sell-side.

First: The unlock did not trigger a dump. This may be the most important signal.

On August 1, 21.25 million BEAT were unlocked, accounting for approximately 6.9% of the circulating supply and worth tens of millions of dollars.

The normal script: massive unlock = dump = plunge.

But what happened? The price not only did not fall on the unlock day, it actually rose.

The market anticipated your expectations, then turned those expectations into fuel.

Second: The revenue-and-burn flywheel is forming a positive cycle.

Last week, revenue was equivalent to the burning of approximately 800k BEAT, corresponding to several million USDT, with the burn amount nearly matching it. Cumulative burns have exceeded 17 million tokens.

Every time the platform earns money, it buys back BEAT and burns it.

Supply is shrinking, while demand—the AI agent economy narrative—is taking off.

Audiera has upgraded from a “rhythm dancing game” to an “Agent Economy,” where humans and AI agents participate, create, and compete together.

Third: A technical signal has emerged that must be taken seriously.

The daily/4H charts show that after a major pullback from the June ATH of $11, the price entered a 2-4 range. The 2.2-2.5 support zone has held multiple times, with volume declining during pullbacks and expanding during rebounds—a typical pattern of accumulation by major players.

But 2.7-2.8 is the recent rebound resistance zone. Will it break through directly and return to 3.5+, or get dumped back to 2.0?

The bulls and bears are facing off. You decide.

On one side:

The 2.2-2.5 support zone has held multiple times, with strong buying support.

The revenue-and-burn flywheel continues to operate, with cumulative burns exceeding 17 million.

The AI agent economy narrative is hot, and funds continue to pay attention.

The bearish impact of the unlock has already been absorbed by the market.

On the other side:

After falling from $11, the number of trapped holders is massive.

2.7-2.8 has rejected the price three times, creating clear psychological pressure.

If the broader market weakens, high-beta altcoins will be hit first.

Another unlock wave is scheduled for September 1, involving approximately 11 million tokens.

Key levels

Resistance above: 2.7-2.8 → 3.0-3.2 → 3.5-4.0

Support below: 2.2-2.3 → 2.0 (psychological level) → 1.6-1.8

Trading strategy

Bullish approach:

Enter in batches on a pullback to 2.2-2.35, set a stop-loss below 2.1, with a first target of 2.7-2.8, a second target of 3.0-3.2, and a farther target of 3.5+.

Bearish/wait-and-see approach:

If the rebound is rejected at 2.7-2.8, cautiously try a small short position, targeting 2.4-2.2. If 2.2 breaks and the decline accelerates, follow the short but move in and out quickly.

Risk-control rules:

Keep perpetual leverage at ≤5-10x, with the position size no more than 20% of total capital.

Monitor funding rates; overheated longs are prone to pullbacks.

Reduce positions and wait ahead of the September 1 unlock window.

Altcoin risk is higher when the broader market is weak. Keep a close eye on BTC’s direction.

You don't dare buy when it falls from $11 to $2.4.

When it climbs back to $11, will you regret it terribly?

Every crash in a bull market shakes believers out of their positions and turns nonbelievers into bagholders.

BEAT currently has revenue, burns, a narrative, and evidence of institutional accumulation.

This is not telling you to ALL IN, but rather: don’t cut losses in the support zone, and don’t chase highs in the resistance zone.

What is your BEAT cost basis?

At $2.4, do you dare get on board? #非农爆雷降息预期逆转 #股票交易分享挑战 #苹果测试长鑫存储芯片 $BTC $ETH $BEAT

Awesome, make sure the future of finance happens on X Layer! Of course, excluding Meme😆😆

Grayscale Withdraws Three Altcoin ETF Applications: Is the Altcoin ETF Craze Over? The market recently noticed that Grayscale withdrew some altcoin ETF-related applications. Many people’s first reaction was: “Does this mean institutions are no longer bullish on altcoins?” But it’s not that simple. Because what an ETF truly represents is not just a trading product. It represents whether traditional capital is willing to formally recognize the asset. The market previously expected: BTC

The US stock Meme game is getting increasingly wild: following Nvidia earlier, today it directly added SpaceX’s tokenized stock ($SPCXb) to the trading-pair pool. Now, when launching a token on , the creator can directly select $SPCXb .

Let’s discuss how to weigh trading friction against opportunity cost—just two points: 1. Taking a die-hard bull as an example, in the early stages of a bear market, incur less friction, since most opportunities are false; 2. In the late stages of a bear market, opportunity cost is extremely valuable, so it is better to incur friction and test the waters than miss an opportunity; 3. The same logic applies to breakouts after high volatility shifts to low volatility, as well as breakouts after moving averages or patterns flatten out.

Would you dare go long on SPCX at $138?

IPO priced at 135 on June 12, surged to 225, then underwent a deep correction to 105-115. On August 4, Q2 earnings exploded: revenue of $7.8 billion, up 92% YoY, Starlink users doubled, and AI computing began generating revenue. On August 6, the first batch of lock-up shares was released, with 911 million shares unlocked—conventional logic would suggest a sharp plunge, but instead the stock rose 15.8% and closed at 133.

When it should fall but doesn't, that's strength.

First: The lock-up expired, but the market absorbed all the selling pressure.

911 million shares unlocked—sounds scary? Traditional market logic: massive share unlocks = a plunge.

But look at the chart—it fell, but didn't collapse. The 105-115 area held, then a single 15.8% bullish candle pulled the price straight back to 133. What does this mean? It means there was capital waiting to buy below.

Second: SpaceX's fundamentals are too strong to ignore.

Q2 revenue was $7.8 billion, up 92% YoY. Adjusted EBITDA grew substantially. Starlink subscriptions doubled, while the AI computing business (major orders from Google and Anthropic) began contributing positive revenue.

Rocket launches + Starlink + AI computing—the three engines are accelerating simultaneously.

The company projects annualized revenue near $100 billion by year-end.

Ample cash, with $85.7 billion raised through the IPO plus its own cash flow.

Third: A signal has emerged on the technical side that demands attention.

The daily chart violently rebounded from 105-115 to 138, moved above the short-term moving averages, and formed a “higher low” structure. 135 was the IPO price and is also psychological support—now that the price is at 138, above the IPO price, it shows the market believes the IPO was priced “too cheaply.”

But don't forget—140-145 was the previous rebound high, while 150 is a strong resistance zone. After failing to break through three times, will the fourth attempt punch straight through, or will it get slammed back to 130 again?

Bulls and bears face off—you decide.

On one side:

Q2 earnings comprehensively beat expectations, with revenue up 92% YoY.

Buying absorbed the selling pressure after the lock-up expired; the price fell but didn't collapse.

Starlink + AI computing are accelerating as dual engines, with year-end guidance of $100 billion.

135-138 is the IPO price plus psychological support.

On the other side:

The valuation remains as high as $1.7 trillion and requires continued execution.

More shares will be unlocked in batches later (including August 20), so the selling pressure is not over.

Heavy capital expenditures (AI computing) will pressure short-term profits.

If macro data (such as CPI) comes in hawkish, growth stocks will face pressure.

Key levels

Resistance above: 140-145 → 150 → 160+

Support below: 135 (IPO price) → 130 → 125-120

Trading strategy

Short-term traders:

Wait for a pullback to 135-136 and a stable hold before taking a small long position, with a stop-loss at 130, a first target of 140-145, and a second target of 150. If it breaks above 140 on heavy volume and holds on the retest, chase the long, with the stop-loss moved up accordingly.

Swing traders:

Build positions in batches in the 130-135 range, with a stop-loss at 125 and a target of 160-180, using a trailing take-profit to stay in the trade. Watch for opportunities to reduce positions around the August 20 unlock.

Long-term believers:

Blindly dollar-cost average at 120-130. SpaceX is the next trillion-dollar company, with the Starlink + AI + Mars narrative offering an extremely high long-term ceiling.

At the IPO price of 135, you don't dare buy.

When it fell to 105, you were even more afraid to buy.

Now at 138, you still don't dare buy.

So when will you buy? Will you chase it at 200?

Real opportunities always appear when “everyone is afraid, but the fundamentals tell you everything is fine.”

SPCX is at exactly this stage now. SpaceX is still SpaceX; retail investors were simply scared out of their wits by the unlock, while institutions quietly count their money.

What's your SPCX cost basis?

At 138, would you dare go long? #非农爆雷降息预期逆转 #股票交易分享挑战 #苹果测试长鑫存储芯片 $BTC $SPCX $SPCX

Gold at $4,335—would you dare chase it?

First, the surface picture: a spike followed by a pullback, with bulls scrambling.

Last week, gold violently rebounded from 4040 to 4372, gaining over 8% in a week. Profit-taking surged on Monday, the dollar rebounded slightly, and gold pulled back to consolidate around 4335. The daily chart remains above the 21-day and 50-day moving averages, while RSI at 63 is neutral-to-bullish. The pullback is a buying opportunity—don't get shaken out.

First: the nonfarm payrolls report delivered a shock, and rate-hike expectations collapsed.

Last Friday, U.S. nonfarm employment actually declined, while the previous reading was revised sharply lower. The market exploded—the probability of a September rate hike plunged from “a done deal” to “a coin toss,” or even lower.

This means the Federal Reserve no longer dares to raise rates. The labor market is cooling, economic resilience is fading, and even if inflation remains stubborn, policymakers won't dare act lightly. Gold is a non-yielding asset, so when rate-hike expectations fall, its opportunity cost declines—sending gold straight up to 4372.

Second: gold's fundamentals are harder than you can imagine.

In the first half of 2026, gold prices pulled back sharply from their January high, then found support around 4000 and rebounded strongly. What is driving it?

Continued central-bank buying: Emerging-market central banks are aggressively stockpiling gold, and demand for reserve diversification shows no sign of stopping.

Asian physical demand: Buyers step in on every pullback, making 4000 a rock-solid floor.

Geopolitical risk premium: Tensions in the Strait of Hormuz and repeated twists in negotiations with Iran have pushed up oil prices and strengthened the dollar, but safe-haven funds are still flowing into gold.

Third: a signal has appeared on the technical chart that must be taken seriously.

The daily chart is above the 21-day moving average (4097) and the 50-day moving average (4150), with short- and medium-term moving averages in a bullish alignment and the rebound structure intact. Overhead resistance comes from the 100-day moving average (4389) and the 200-day moving average (4496)—but once they are broken, the upside opens up directly.

RSI is at 63–64, bullish but not overbought, with momentum still intact. After last week's strong rebound from 4040 to 4372, Monday's pullback was healthy profit-taking and did not damage any structure.

Bulls vs. bears—you decide

On one side:

The nonfarm payrolls shock caused September rate-hike odds to fall sharply.

The daily chart is above the 21-day and 50-day moving averages, with the bullish structure intact.

Central-bank and Asian physical buying are creating strong support in the 4000–4150 zone.

The geopolitical risk premium remains in place.

On the other side:

4370–4380 has rejected price three times, with clear resistance from the 100-day moving average.

The dollar has rebounded slightly from its post-payrolls low.

If Wednesday's CPI exceeds expectations, gold could take another hit.

The high-rate environment remains, and opportunity costs are still high.

Key levels

Upside resistance: 4370–4380 → 4389 (100-day moving average) → 4496 (200-day moving average) → 4600+

Downside support: 4300 (psychological level) → 4260–4250 (demand zone) → 4150 (50-day moving average)

Trading strategy

Short-term traders:

Wait for a pullback to 4300–4320 and scale into longs, with a stop-loss below 4280 and targets at 4360–4370; if it breaks out, look for 4385–4400.

Swing traders:

If gold decisively breaks through 4370–4380 and holds, go long, targeting 4450–4600, with a stop-loss at 4300.

Long-term believers:

Build positions in batches in the 4150–4300 range. Gold's structural bull market is not over—central-bank buying, de-dollarization, and geopolitical turmoil: all three major drivers are in place. The target for the end of 2026 is 4800–5000, betting on a Fed rate-cut cycle and an explosion in global safe-haven demand.

Gold right now is like Bitcoin in 2023—

99% of people thought it had “risen too much and needed a pullback,” but it went from 3000 to 4000, then to 4500.

The day 4370 breaks out, you'll realize:

It wasn't that gold was incapable—it was that you kept waiting for it to “fall a little further” before buying, and then it never looked back.

What's your gold cost basis?

At 4335, would you dare get on board?#非农爆雷降息预期逆转 #股票交易分享挑战 #苹果测试长鑫存储芯片 $BTC $XAU $XAUT

$CRCL #CRCL Get trapped first, research later—the crypto veterans didn’t lie to me. I just came across this news (Image 1), which is also something everyone had been wondering over the past few months whether it could change. CC says it remains unchanged.

Do you chase BTC at $65k?

Look at the surface first: good news keeps coming, yet the price is inching along.

Since rebounding from the early-August low of around 62k, BTC has climbed above $65k, up nearly 3–4% for the week. But its 24-hour range was only 0.21%, spending the entire day grinding around within the $64,800–$65,400 range—a mere $600. The price has risen, but its momentum is nearly spent.

First: Nonfarm payrolls crashed, but BTC didn’t.

U.S. nonfarm payrolls fell by 23k in July, while the market expected an increase of 80k. The sharp deterioration in employment data signals that the labor market is cooling.

Normally, a collapsing jobs market = higher rate-cut expectations = a surge in risk assets. But BTC? It made a run at $65,000 and then… nothing.

Because nonfarm payrolls are only the appetizer. Wednesday’s CPI is the main course.

Before Wednesday, all the gains are based on “expectations,” not “confirmation.”

Second: ETFs are buying aggressively, but you may be overlooking another signal.

Spot Bitcoin ETFs saw $854 million in net inflows last week, their best weekly performance since mid-April. BlackRock’s IBIT alone absorbed $694 million, accounting for 81% of total inflows. There were net inflows for five consecutive days, with not a single day of outflows.

Sounds impressive? But look at the candlestick chart—$850 million poured in, yet the price only moved from 62k to 65k. Six months ago, $850 million could have pushed BTC from 60k to 72k.

This shows that selling pressure is also massive. While some are buying through ETFs, others are dumping on the spot market.

Third: The CLARITY Act has been delayed, and the regulatory shoe has yet to drop.

The U.S. Senate has postponed the CLARITY Act vote until September, increasing uncertainty over the bill’s passage in the short term. August 7 was the final window before the recess, but the Senate ultimately failed to vote. Polymarket data shows that the probability of passage this year has fallen to around 16%.

A delayed positive catalyst does not mean the negative catalyst has disappeared—but what the market fears most is not bad news, but “uncertainty.” Before September, the crypto regulatory framework remains suspended in midair.

Fourth: Geopolitical tensions are simmering beneath the surface.

Tensions in the Strait of Hormuz are rising, and actions by the U.S. and Iran are affecting crude oil, gold, and global risk sentiment. Brent crude is nearing $85. Trump said he is handling the Iran issue “quietly”—but the word “quietly” itself shows that the problem is far from minor.

If oil prices continue to rise, inflation expectations could resurface; if geopolitical risks escalate, funds will once again seek safe havens. Is BTC ultimately a risk asset or a safe-haven asset? At this critical juncture, the answer depends on who is buying that day.

Bulls and bears face off—you decide

On one side:

ETF inflows of $854 million for the week, the best since April, showing institutions are buying with real money

A disastrous nonfarm payrolls report, rising rate-cut expectations, and a weaker dollar benefiting risk assets

BTC rebounding from 62k to 65k, with the short-term trend pointing upward

The market expects CPI to cool to 3.4%; if it meets expectations, the rate-cut narrative will strengthen

On the other side:

$850 million only pushed the price up by $3,000, showing that buying efficiency has clearly declined

The CLARITY Act delayed until September, reigniting regulatory uncertainty

Geopolitical tensions pushing up oil prices, potentially reigniting inflation

65,500–65,800 is a dense resistance zone that price has failed to break three times

Key levels

Upside resistance: 65,500–65,800 (dense selling-pressure zone) → 67,000–68k → 70k

Downside support: 64,800 (former resistance turned support) → 63,800 (strong support) → 62k–62,500 (August low)

Trading strategy

Short-term traders:

Go lightly long after a pullback to 64,500–65,000 stabilizes, with a stop-loss at 63,800. Add to the position after a high-volume breakout above 65,500–65,800, targeting 67,000–68,000.

Swing traders:

Wait for Wednesday’s CPI release. If the data is soft → chase longs, targeting 68k–70k; if the data is hot → stay on the sidelines and consider entering after a pullback to 63k.

Long-term believers:

Accumulate in batches within the 62k–64k range. Continued ETF inflows + rate-cut expectations + post-halving supply contraction—the medium- to long-term logic remains intact.

BTC is currently walking a tightrope—

On one side, $850 million in institutional buying is providing support,

while on the other, uncertainty over macro data and regulation is pulling it in the opposite direction.

At $65,000, there is $800 of resistance to the upside and $2,000 of support to the downside.

The moment Wednesday’s CPI data is released, BTC will either take off directly or pull back to 62k.

There is no middle option.

Do you think Wednesday’s CPI will come in below 3.4%?

At $65,000, are you adding to your position or reducing it?#非农爆雷降息预期逆转 #苹果测试长鑫存储芯片 #三星8亿部手机将内置稳定币 $BTC $ETH $SOL

The less people talk about it, the more worth looking at it is: the E/B exchange rate (Figure 1) has been performing quite well since ETH’s rally in 2025, which may indirectly support a previous hypothesis: 1. From a technical perspective (Figure 2): ETH’s rise from 1,380 starting in April 2025 was wave 1, while the decline from 5,000 was wave 2; after the correction ends, wave 3 will be a violent surge; 2. From a narrative perspective, AI+CRYPTO = public chains benefit.

HYPE at $54.5: Are you buying the dip or cutting losses?

First, the surface picture: multiple bearish factors are piling up, and panic is spreading.

The trading range over the past 24 hours was 53.7-55.9, with the price currently oscillating around 54.5, nearly 30% off its ATH of 76.85. On August 8, core contributors unlocked 433k HYPE worth approximately $23 million. Some was deposited to exchanges and converted into USDC—the market was spooked. 51-54 is a strong support zone formed by the uptrend line and previous low. Trading volume is gradually picking up at low levels, bearish momentum is fading, and a directional move is imminent.

First: the unlock caused selling, but you may have been misled again.

On August 8, HyperLabs unlocked approximately 433k HYPE worth around $23 million. Some flowed to exchanges through Flowdesk, and on-chain tracking shows that several million dollars’ worth has already been converted into USDC.

Sounds scary? But look at the chart—HYPE fell from 56 to 53.7, then bounced back to 54.5.

A $23 million unlock against a $13 billion market cap represents just 0.18%. Retail traders thought it was a tsunami, but it was barely even a ripple.

Second: the truth about the fundamentals—you may have completely overlooked it.

What is HYPE doing?

RWA perpetual trading has exploded, and during some periods it has already surpassed native crypto perpetuals in share, while OI briefly surged past $433k

Space X, stocks, commodities, and indices—traditional financial assets are being traded furiously on Hyperliquid

HyperBFT consensus, a full-chain order book, and EVM compatibility—the technological moat is getting deeper

The fee-based buyback mechanism is still operating. Although revenue has declined month over month, cumulative buybacks remain at the several-hundred-million-dollar level

Third: the technicals have produced a signal that must be taken seriously.

On the daily chart, a clear descending channel has formed from 76.8, and the price has now retraced into the 51-54 demand zone—an area where the previous uptrend line overlaps with horizontal support, with buying absorption appearing several times.

RSI is neutral to weak, and the moving-average system is in a short-term bearish alignment, but the 200-day moving average is waiting near 50. Trading volume has not shown extreme panic during the pullback—this is more about “the unlock + macro digestion” than a fundamental collapse.

As long as 51-52 holds, this is a healthy double-bottom structure. Only a high-volume break below 50 would require a reassessment.

The bulls and bears are fighting—you decide

On one side:

51-54 is a triple-support zone formed by the uptrend line, previous low, and 200-day moving average

RWA trading volume has exploded, surpassing native crypto perpetuals during some periods

The buyback mechanism is still operating, and the long-term deflationary narrative remains unchanged

No excessive VC dilution, with the team self-funding and strong product iteration capabilities

On the other side:

The aftereffects of the team unlock have not dissipated, and short-term supply pressure remains

Protocol revenue fell 43% month over month, with buyback volume correspondingly halved

The macro environment is cautious; if BTC falls below $64k, altcoins will be dragged down

Heavy resistance at 55.5-56.5

Key levels

Upside targets: 55.5-56.5 → 57.5-58.5 (breakout confirmation) → 60-62

Downside floor: 51-52 → 50 (a breakdown could send it to 46-48)

Trading strategy

Short-term traders:

Lightly test a long near 54.5, or wait for a pullback to 52-53 for confirmation (a long lower wick/high-volume bullish candle), with a stop-loss at 51.5 and a first target of 55.5-56.5 (take partial profits), then look to 57.5-58.5 on a breakout. If a rebound is rejected at 55.5-56.5, consider a light short position, with a stop-loss at 56.8.

Swing traders:

Wait for a high-volume move above 56 followed by a successful retest before entering on the right side, targeting 60-62. If 52 breaks on high volume and 50 fails to hold, stay on the sidelines and consider entering again at 46-48.

Long-term believers:

Use staggered investments in the $40-$52 range. The RWA sector is only just getting started. Hyperliquid is the leader in on-chain derivatives, with real revenue, a buyback mechanism, and ongoing product iteration. The target for the end of 2026 is $80-$100, betting on an RWA boom, a rate-cut cycle, and continued institutional inflows.

HYPE now looks like SOL at the end of 2023—

99% of people thought that “a 30% drop from the high means a collapse,” but it later rose from $40 to $200.

On the day 56 breaks, you will realize:

It wasn’t that HYPE was failing—it was that you cut losses every time bearish news came with an unlock.

What is your HYPE cost basis?

At 54.5, are you willing to get on board? #非农爆雷降息预期逆转 #股票交易分享挑战 #苹果测试长鑫存储芯片 $SOL $HYPE $BTC

Based on historical patterns in U.S. midterm elections
BTC’s optimal accumulation window falls in October,
with an uptrend highly likely to begin in early October
Before the November 3 election, the market’s average maximum drawdown is approximately 16%
Looking at the longer-term cycle, statistics since 1950 show
that the Nasdaq rose over the 12 months following Election Day every time, with a 100% win rate
There has not been a single exception
If you bought the S&P 500 on Election Day,
the following year was almost guaranteed to be profitable
with an average return of 18.6%
This cycle pattern spanning decades remains highly relevant to this day
So for now, all we need to do is wait for the market’s final drop

The CLARITY delay could be bullish.

Remember the BlackRock Spot ETF playbook?

In 2022, BlackRock launched its private Bitcoin trust while retail was selling, then filed for a Spot ETF when almost everyone had given up on the market.

By the time the ETF was approved, Bitcoin had pumped from $38,700 to $126,000.

Retail bought after the news.

Now CLARITY keeps getting delayed.

What if institutions want cheaper $BTC before regulation opens the door for TRILLIONS of dollars to enter crypto?

Think about it. 👀

#CLARITYActVoteWindowClosing
#StockTradingShareChallenge

The CLARITY delay could be bullish.
Remember the BlackRock Spot ETF playbook?
In 2022, BlackRock launched its private Bitcoin trust while retail was selling, then filed for a Spot ETF when almost everyone had given up on the market.
By the time the ETF was approved, Bitcoin had pumped from $38,700 to $126,000.
Retail bought after the news.
Now CLARITY keeps getting delayed.
What if institutions want cheaper $BTC before regulation opens the door for TRILLIONS of dollars to enter crypto?
Think about it. 👀

Crypto big shots, stop showing off your holdings, schedules, and appearances everywhere every day. If you’ve made money, hire more bodyguards~
OG Ye Junde, who managed $2.4 billion, was found dead naked in a luxury apartment in Paraguay. The door to his 30th-floor residence was wide open, and the home had clearly been ransacked—an obvious home invasion robbery~
In life, he took cold wallets, multisig, and hardware security to the extreme, keeping hackers on-chain worldwide at bay, but ultimately fell victim to a five-dollar wrench~

The CLARITY Act delay could actually be bullish.
Remember the BlackRock Spot Bitcoin ETF playbook?
In 2022, BlackRock launched its private Bitcoin trust while retail was selling. Later, it filed for a Spot Bitcoin ETF when many had already given up on the market.
By the time the ETF was approved, Bitcoin was entering a major rally, eventually climbing from around $38,700 to $126,000.
Retail started buying after the big news.
Now, the CLARITY Act keeps getting delayed.
What if institutions want cheaper $BTC before clearer regulation potentially opens the door for trillions of dollars to enter crypto?

5 PM Claim the 200 DOS token airdrop!
200 Alpha points, first come, first served
Pre-market value: 60U
Hope everyone can get one.

Don't ask around about me
I get by on Huabei
I don't live as well as you
My husband doesn't treat me well either
He beats me three times a day and starves me for nine meals in three days
My body is covered in injuries, bruised black and blue everywhere

The big short seller who once shouted “storage winter” has just turned bullish: Is the bull-market script for storage stocks back on track?

In 2021, one person published a report that sent the global semiconductor sector into a collective avalanche.

That report was titled—“Memory, Winter is Coming.”

The person who published it was Shawn Kim, Morgan Stanley’s chief semiconductor analyst.

From then on, he was dubbed the “spokesperson for short sellers” by the South Korean market.

Five years later, today, the same person has just changed his tune.

On August 7, Shawn Kim released his latest research report, officially shifting from bearish to bullish.

He said: The most severe adjustment in the memory chip industry is nearing its end, and current valuations now offer an “attractive tactical entry point.”

He described this adjustment as—

“A minor ripple in the AI supercycle.”

You may be thinking: Why make such a big deal about one analyst turning bullish?

But the irony of this is ten times more intense than you might think.

Just two weeks ago, SK hynix kicked Morgan Stanley out of the underwriting syndicate for its $26.5 billion U.S. IPO.

The largest U.S. IPO ever by a foreign company. At an underwriting fee rate of 0.5%, the commission alone would have been $130 million.

The final underwriting syndicate consisted of Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase.

Morgan Stanley was the only top-tier investment bank left out.

The industry generally believes that the direct reason for Morgan Stanley’s exclusion was that it had repeatedly published bearish reports on South Korean semiconductors, including the famous “Memory, Winter is Coming.”

You’re bearish on my company while trying to earn $130 million in underwriting fees from me?

SK hynix: Sorry, the door is over there.

And then?

Then Morgan Stanley turned around and chased the upside.

Not only did it turn bullish, but it did so particularly aggressively—

It maintained a target price of 2.6 million won for SK hynix and 381k won for Samsung Electronics.

Based on the benchmark share prices used in the report, these imply potential upside of approximately 74% and 65%, respectively.

What’s even more striking is that Morgan Stanley also raised its 2026 EPS forecast for SK hynix by 13%.

A company that just kicked you out of its IPO underwriting syndicate—

You not only refuse to get angry, but also raise its earnings forecast and give it 74% upside to your target price.

What do you call this?

“Talking the talk but not walking the walk.”

So what exactly has Morgan Stanley set its sights on?

First, valuations have become absurdly cheap.

Storage stocks are currently trading at around 3 times forward 12-month estimated earnings, reflecting almost none of the long-term growth premium.

What does a 3x P/E mean?

Cheaper than bank stocks.

Second, AI demand is stronger than anyone imagined.

Micron stated clearly at the FMS 2026 flash memory summit: AI is permanently reshaping the storage industry into a core component of system architecture, with memory’s share of total system value rising from 10% 30 years ago to nearly 50%.

Both DRAM and NAND are in a state of undersupply, and this will continue beyond 2027.

SK hynix itself forecasts full-year 2026 DRAM demand growth of 20% year over year and NAND demand growth of nearly 20%.

Almost all of the incremental demand is coming from data centers.

Third, the market’s focus is shifting.

Morgan Stanley believes the market’s focus for storage stocks is shifting from the price cycle to capital returns—share buybacks, free cash flow, and long-term supply agreements (LTAs) will become catalysts for the next wave of share-price gains.

But don’t celebrate too soon.

Morgan Stanley also warned that the pace of storage price increases is slowing.

The quarter-over-quarter increase in DRAM contract prices fell from 96% in the first quarter to an expected 16% in the third quarter.

NAND fell from 88% to an expected 13%.

By the fourth quarter of 2026, the industry will gradually enter the latter stage of the cycle.

At that point, the operating leverage provided by pricing will weaken, making further earnings beats increasingly difficult.

In addition, Apple is testing DRAM chips from ChangXin Memory Technologies for use in the iPhone and MacBook.

Although ChangXin’s capacity is already close to full utilization this year and it temporarily cannot take on new major international customers, the long-term threat of alternative suppliers is real.

When the prophet of “winter” begins taking off his down jacket—

What are you still waiting for?

Even the biggest short seller has turned bullish, which shows two things:

① The recent pullback is a deleveraging event, not a collapse in fundamentals.

② AI-driven storage demand is more resilient than anyone imagined.

On August 10, South Korea’s KOSPI index rose more than 2%, while SK hynix surged more than 4% at one point and Samsung Electronics rose more than 3% at one point.

The market is voting with its feet.

The script for storage stocks may be completely different from what you think.

Those who panic-sold in July have probably finished crying by now.

And those who understood the signal of “the short seller turning bullish”—

Are quietly entering the market.

Will you believe this “spokesperson for short sellers” turning bullish? Or do you think this is merely a “damage-control bullish call” after Morgan Stanley was kicked out of the underwriting syndicate?#非农爆雷降息预期逆转 #股票交易分享挑战 #苹果测试长鑫存储芯片 $SKHY $SAMSUNG $AAPL