Viewpoint: Neocloud and Memory Sector Experience Position Clearing, Retreats Often Bring the Best Buying Opportunities

BlockBeats News, July 3rd: Renowned analyst degentrading stated that the current market continues to face selling pressure, with IREN and CIFR leading the decline in the Neocloud sector. Even the "ultimate momentum factor" memory stocks were not spared, as Micron (MU) dropped below $1000, reminiscent of its price action after the last earnings report. Meta (META) also retraced some of its earlier gains as the market soberly assessed the substance of its plans, dampening previous expectations.

degentrading believes that such portfolio liquidation is usually sharp and swift, and does not claim to have the ability to accurately time the "absolute bottom." However, it emphasizes that this is precisely why investors should conduct their own in-depth research. Only in this way can they have the confidence to hold firmly amid intensified market volatility. degentrading also reminds that leveraged tools are not suitable for long-term holding, only for short-term operations over a few days; otherwise, one will face volatility decay. Investors are advised to ensure they can withstand drawdowns. While portfolio liquidation may be brutal, it often brings the best opportunities to establish positions.