Hynix will suffer losses in the future Early Shanghai Lux's revenue and profit were lower than expected Low opening V reversal, made a joke for many analysts Many analysts say they have hit bottom before continuing to decline We are considering a question: If this is the peak of Hynix's performance at this moment (calculated based on forward-looking PE), is this price expensive? PE is at a historical low now, but EPS is not In 2023, Hynix fell into losses due to cyclical pressures This is the characteristic of cyclical stocks, as well as the inherent properties of memory as a commodity Why do Americans give their memory to Koreans and keep the MAGA7 for themselves It's because memory is a painful and cyclical business Now is the best time, but I think Hynix is likely to fall back into losses in the future Most of the investors who invest in encryption entering the US stock market now do not have the historical memory of memory factories So the more important issue is: the demand side The demand for tokens is indeed inflationary The trouble here is that the price of the token is deflationary, making it particularly difficult to determine The future is a competition between storage expansion and token demand inflation rate A large number of momentum traders in the US stock market, as well as gamblers who use crazy leverage, will also experience fluctuations in token demand. In addition, Walsh's sleazy manipulation At present, I tend to believe that most of the short-term adjustments have been completed. The specific details, silly brother, need to be scanned again today