Serenity: This pullback appears to be a clear buying opportunity, with a positive outlook on Micron, Intel, and TSMC

BlockBeats News, June 23rd, Serenity stated, "For me personally, this pullback seems like a clear buying opportunity, with targets including Micron Technology (MU), Intel (INTC), and TSMC (TSM)."

This downturn is mainly due to some unfounded narratives, such as the market rumors of the Fed's three rate hikes expected this year, but in reality, there is no new macroeconomic data to support this claim (the actual data will not be released until Thursday).

If institutions truly believed in the bearish logic of three rate hikes as proposed by Bank of America (BofA), then they should have arbitrated through the CME futures or prediction markets. However, the reality is that these markets still show a probability of no rate hike in July of about 74%, which does not reflect the so-called aggressive rate hike expectations."