Renowned trader Ansem turns bearish: Reduces holdings, worried US stocks are nearing the end of their cycle On the show "Market Bubble," renowned trader Ansem stated that he has shifted from a bullish to a bearish stance. Two weeks ago, he was optimistic about the continued strength of AI stocks, US stocks, and the crypto market, but the failure of the storage and semiconductor sectors to reach new highs and their significant pullback led him to change his judgment. He believes that the US stock market may be nearing the end of its macroeconomic cycle, with funds withdrawing. He is still unsure whether the current rebound in the crypto market is the start of a new bull market or a rally within a bear market. He stated that he has reduced his holdings in recent days.