0xSun: I've already buy the dips in ANSEM and NEST, and I believe Solana will remain the engine of this round of on-chain price increases.
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Opinion: The notion that "the bottom has been reached" has created a false sense of buy the dips among market participants to buy at the lowest point. Instead of chasing the absolute bottom, investors should wait for trend confirmation.
According to Mars Finance, on July 2nd, CryptoQuant analyst Darkfost criticized the recurring "bottoming out" rhetoric in the market. Darkfost pointed out that technically, a bottom is the lowest point of a trend reversal that has already occurred, and almost no one can accurately buy at that point. Since it's almost certain that you can't buy at that point, chasing or estimating it is meaningless. Market participants should not place their trust in "guessing the bottom," but should understand that position management is a continuous process of refinement. Just as the bottom itself needs time to consolidate, only after the trend reversal is confirmed can we conclude that a bottom has formed. Darkfost believes that the focus should be on the process, not price action. The key is to distinguish between post-confirmation and pre-prediction: the narrative of "bottoming out" easily creates the illusion of being able to accurately buy the dips, while the truly meaningful approach is to gradually build and manage positions in the bottom area, waiting for trend confirmation rather than chasing the absolute lowest point.
Multiple Wall Street firms are collectively advocating for "buying on dips" in the semiconductor sector: the long-term logic of AI remains unchanged, but investment is entering an era of selective buying.
According to Mars Finance, on July 7th, amidst the recent continuous correction in the semiconductor sector, several Wall Street institutions have voiced their opinions, generally believing that the current adjustment presents an opportunity for investors to "buy on dips." However, unlike past recommendations to allocate across the entire semiconductor sector, institutions generally believe that AI investment has entered a phase of selective stock picking. Goldman Sachs stated that AI chip trading has entered a more selective phase, and does not recommend continuing to "buy a basket" of semiconductor stocks. They remain optimistic about specific sub-sectors such as CPUs, ASICs, memory, and semiconductor equipment, specifically highlighting AMD and Applied Materials. JPMorgan Chase believes that the recent correction in semiconductor stocks presents a good entry window, as AI chip demand remains in a long-term upward cycle, with new capacity not expected to be significantly released until around 2028, and the industry's supply and demand structure remains healthy. Bank of America maintains its optimistic outlook on the long-term boom cycle of AI semiconductors, believing the industry is still in the middle of an 8- to 10-year growth cycle, and the global semiconductor market size is expected to continue to expand. They recommend focusing on industry leaders such as Nvidia, Broadcom, Lam Research, and KLA. UBS stated that the long-term investment logic for AI remains unchanged, and the short-term fluctuations in the semiconductor sector actually provide long-term investors with opportunities to gradually build positions. They recommend taking advantage of market corrections to buy on dips. Morgan Stanley believes that the long-term prospects for AI chips remain positive, but with the sector's significant rise, the market will focus more on earnings realization capabilities. Funds may gradually rotate from some chip stocks to AI infrastructure beneficiaries such as cloud computing, and investors should pay more attention to individual stock selection. Overall, several Wall Street institutions, including Goldman Sachs, JPMorgan Chase, Bank of America, and UBS, have recently released similar signals: the semiconductor correction is not the end of the AI rally, but rather provides a new window for investment. However, the market has moved from a phase of "broad-based sector gains" to one of "selecting leading companies," and future performance will depend more on companies' earnings realization capabilities and the sustainability of demand for AI infrastructure.
Four whale bought MU at the buy the dips, completing their position building at an average price of $1044.
According to BlockBeats, on July 2nd, Hyperinsight monitoring showed that as Micron Technology (MU) fell back above $1000, four whale on the Hyperliquid platform chose to buy the dips at a discount, opening a total position of $7.54 million, with an average opening price of $1044. The most recent entry (0xfb29) occurred within two hours, with an opening price of $1036 and a recent liquidation level at $953.9. Despite the entry of whale against the trend, the overall on-chain market still turned bearish, with the nominal size of large short positions being approximately 1.91 times that of long positions; the average price of long positions was approximately $1034.45, and that of short positions was approximately $993.65. On the news front, the non-farm payroll data is due tonight, fueling risk aversion; coupled with the sharp drop in the semiconductor sector triggered by Meta Compute, the recent class-action lawsuit against DRAM price manipulation, concerns about oversupply in the sector due to South Korea's $518 billion capacity expansion, and profit-taking after MU's stock price has already risen 268% this year, the stock price continues to be under pressure. - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.
Jefferies warns investors against buy the dips Circle shares as they fall, citing new competitive pressure from Open USD.
PANews reported on July 2nd that, according to CoinDesk, the formation of the Open USD stablecoin alliance has sparked market concerns about competitive pressure on Circle. Circle's stock price plummeted 17% on Tuesday but rebounded 5% on Wednesday. Analysts at investment bank Jefferies believe Circle's approximately 25% stablecoin market share is under pressure and advise investors against buy the dips. They cite the new alliance's support from over 140 companies, its significant distribution network advantage, and the inclusion of Circle's largest distribution partner, Coinbase. Their business agreement is reportedly set to be renewed in August, potentially further impacting USDC's growth potential. Circle CEO Jeremy Allaire responded that stablecoins are a network business built over many years, and USDC's integration scale, liquidity, and regulatory approvals are difficult to replicate quickly.
Charles Schwab announces that SCHW crypto clients will soon be able to buy and sell Solana (SOL), Avalanche (AVAX), and Chainlink (LINK).
BWENEWS AI: Charles Schwab announces that SCHW crypto clients will soon be able to buy and sell Solana (SOL), Avalanche (AVAX), and Chainlink (LINK).
Goldman Sachs: Buy on dips in chip stocks, but avoid "buying a basket of chips" again.
According to Mars Finance, Goldman Sachs stated in its latest report on July 7th that semiconductor stocks still present investment opportunities after the recent pullback, but AI chip trading has entered a more selective phase, and investors should no longer simply buy the entire sector. The bank pointed out that the PHLX Semiconductor Index has risen by over 80% this year, significantly outperforming the S&P 500 and Nasdaq indices. This strong performance has raised the bar for subsequent earnings realization and made the risk-reward ratio more differentiated ahead of the Q2 earnings season. Goldman Sachs remains optimistic about certain sub-sectors, including CPUs, ASICs, memory, and semiconductor equipment. Goldman Sachs believes these areas will benefit more directly from the expansion of AI infrastructure and have relatively higher demand visibility. In terms of individual stocks, Goldman Sachs specifically mentioned AMD and Applied Materials. AMD benefits from server CPU and AI-related demand, while Applied Materials benefits from advanced process technology and memory capital expenditure. However, Goldman Sachs is more cautious about the mobile phone supply chain and some semiconductor companies with high valuations or weak demand.