August is the best summer. On Wednesday evening of the 12th, I had a live conversation with @ Mercy_okx on the OKX planet, which was equivalent to reorganizing, summarizing, and elevating the content we had talked about on X in the past. The key points of the conversation were: 1. The business prospects of SpaceX and the supply of chips brought about by the lifting of restrictions need to be judged separately. Yesterday happened to be https://((((((x.com))))/qinbufark/status/2088607266929082454? S=46&t=k6rimWSEbo2D2TXolYcM-A, we also talked about SpaceX being a full stack AI platform with increasingly better business development, but the end of the year should be the best time for medium - and long-term configuration; 2. The key to the July adjustment is not just a bearish sentiment, but the reverse stampede caused by high leverage and crowded trading. The earliest was in mid June here https://((((((x.com))))/qinbafrank/status/2072513357077524671? S=46&t=k6rimWSEbo2D2TXolYcM-A Talking about leverage scale crowding, trading will trigger deleveraging market in the second half of the year, here in mid July https://((((((((x.com))))))))/qinbafrank/status/2078055175030485427? S=46&t=k6rimWs Ebo2D2TXolYcM-A also has a sorting out; 2. Enterprise AI is transitioning from "first use" to cost management and "scenario based use, multi model collaboration". Cloud vendors may further become a key intermediate layer for the implementation of enterprise AI from computing power providers. Is this possible in mid July at https://((((((x.com)))/qinbank/status/2076839550119444702? S=46&t=k6rimWs Ebo2D2TXolYcM-A has been discussed in detail 3. August is the best summer, and I am optimistic about the August market: there is still a chance for storage, but the most violent upward phase may have passed; Optical interconnection and upstream links are worth tracking; Be optimistic about CSP and software. The earliest was at the end of July here https://(((((((x.com))))/qinbafrank/status/2083185986616357116? S=46&t=k6rimWs Ebo2D2TXolYcM-A provides a detailed explanation of its views on the August market; At the beginning of August, here is https://(((((x.com)))/qinbafrank/status/2084449500744319334? S=46&t=k6rimWs Ebo2D2TXolYcM-A has also written logic for optimistic optical interconnects; This week https://((((((x.com))))/qinbufark/status/2087395743946674296? S=46&t=k6rimWSEbo2D2TXolYcM-A has also discussed the cost-effectiveness of empty storage, which is no longer high. 4. August can be relatively optimistic, but we cannot ignore oil prices, long-term yields, election and liquidity risks. 5. Both BTC and gold need to pay attention to the allocation range, holding period, and risk conditions, rather than just guessing an absolute point. Regarding the live broadcast of Da Bing on OKX planet in June, we also talked about https://(((((((((x.com)))))/qinba Frank/status/2076212081023856062? s=46&t=k6rimWsEbo2D2tXolYcM-A For detailed content, you can watch the live replay on OKX planet https://oyidl.net/ul/pVmeKDy Thank you @ Mercy_okx @ Haiteng-okx @ okxchinese