Ansem: Short-term stock indices may have peaked, and market volatility may emerge in early Q3
Odaily reports that Ansem posted on X, maintaining his previous view: Stock indices and the memory sector may have peaked in the short term. He expects the market to experience "heavily volatile / 'fuckery'" in the early period of the new quarter (Q3), coinciding with a potential downtrend in US stocks. However, he believes that the cryptocurrency market (focusing on Bitcoin and Solana) has already priced in some of the risks, and could therefore show a "divergent strength" where prices move opposite to the broader macro trend.
Ansem also noted that while hot assets in the market could remain relatively strong, they are unlikely to rise independently during an overall market correction. Regarding trading strategy, he warned that going long with high leverage near the bottom of a bear market is the most dangerous "liquidation zone." He advised spot holders to avoid frequent trading and instead look for better opportunities for phased accumulation during the Q3 pullback.
