Why did Rave rebound so significantly again? The essence of this rebound is not a "comeback of the king," but a typical "self-rescue" and "short squeeze" market. First, the exchanges are "closing the door to beat the dog." Yesterday, Bitget suddenly suspended the ERC20 deposit service for RAVE. This move was ruthless, directly blocking the "ammunition" for those wanting to short. The market makers seized this opportunity, driving the price up at a very low cost, specifically targeting the shorts that entered at high levels. The ones that got liquidated were those positions that were not well-prepared, combined with a volatility of 193% yesterday, leading to a bloodbath for both longs and shorts. Second, the investigation remains unresolved, leading to a price increase for offloading. Although Binance and Bitget have announced investigations into insider manipulation, the results are not yet out, which is the biggest uncertainty. Data shows that 90% of RAVE's tokens are still locked in three team wallets. Today's price action, which surged to $1.30 and then dropped back to $0.63, along with a massive trading volume of $270 million, is likely the team taking advantage of the remaining liquidity, using reserve funds to market make, attracting bottom-fishers to take over, while they prepare to cash out and run. Third, market sentiment mismatch. BTC surged to $75,000, providing fertile ground for altcoins to "dance wildly." However, for RAVE, which has plummeted from $28 to a mere 3% of its value, the fundamentals are already rotten. In summary: For coins like this that are "locking deposits and investigating insider trading," the objective conclusion is: the bearish trend has not reversed, and there is still significant outflow on-chain. This bullish candle is meant to help trapped longs, not to serve as your entry ticket. In the short term, you might gamble on a rebound, but don't take it seriously. #恐慌贪婪指数 $RAVE

Snowflake exploded! Is the AI software fire finally catching? Last night Snowflake released its earnings report with impressive numbers: revenue of $1.55 billion, up 35% year-over-year, adjusted earnings per share of $0.62, while the market had only expected $0.45. The most explosive part was product revenue growth at 37%, accelerating for the third consecutive quarter. After-hours stock price surged 22%. What did the earnings call say? CEO Ramaswamy highlighted one key point: "AI is accelerating consumption on our core platform"

Broadcom's performance exploded, is the AI money starting to flow again? Last night Broadcom released its earnings report, and the numbers are seriously impressive: revenue of $29.59 billion, a fierce year-over-year increase of 86%, adjusted earnings per share of $3.32, both exceeding expectations. The most explosive part is AI semiconductor revenue at $16.7 billion, soaring 221%, accounting for 56% of the total. CEO Hock Tan dropped a bombshell: this year's AI revenue guidance was raised from $56 billion to $58 billion, simply put: quadrupling in three years, with an annual growth rate of 100%.

Snowflake exploded! Is the AI software fire finally catching? Last night Snowflake released its earnings report with impressive numbers: revenue of $1.55 billion, up 35% year-over-year, adjusted earnings per share of $0.62, while the market originally expected only $0.45. The most impressive was product revenue growth at 37%, accelerating for the third consecutive quarter. After hours, the stock price surged 22%. What was said on the call? CEO Ramaswamy emphasized one key point: "AI is accelerating consumption on our core platform." In plain terms — customers using AI not only didn’t save on software costs but actually ran more workloads on Snowflake. Its AI programming tool CoCo surpassed 9,100 accounts, adding over 2,000 just this quarter. The CFO was even more direct: CoCo is the biggest driver behind the upward revision of the full-year guidance. Full-year product revenue guidance was raised from $5.84 billion to $6.07 billion. Is capital flowing back into software? The market clearly shows it. Once Snowflake’s earnings came out, the entire SaaS sector reacted like it was energized. Previously, the market feared AI would "eat" software companies, but this earnings report directly contradicts that narrative — AI is not replacing software; it’s turning software into essential infrastructure for AI deployment. In trading, the $370-$375 range is the upper edge of the post-earnings gap. If it holds here, the software rally could still have room to run. The logic of AI is spreading from hardware to software, and Snowflake has clearly paved the way this time. $SNOW

#财报观察员：戴尔业绩超预期，博通雪花接棒 Broadcom's earnings exploded, is AI money starting to flow again? Brothers, keep an eye on this signal Last night Broadcom released its earnings report, and the numbers are seriously impressive: revenue of $29.59 billion, a fierce 86% year-over-year increase, adjusted EPS of $3.32, both beating expectations. The most explosive part is AI semiconductor revenue at $16.7 billion, soaring 221%, accounting for 56% of total revenue. But after-hours the stock price dropped 6%, why? Because the next quarter guidance is $34.8 billion, slightly less than Wall Street's expectations by just a few billion dollars, and the market immediately turned sour. This script is exactly like Marvell's—you score 99 points, but the market expected 100, so you get hit. However, after the conference call, the after-hours price bounced back. CEO Hock Tan dropped a bomb: this year's AI revenue guidance was raised from $56 billion to $58 billion, next year directly to $115 billion, and the year after to $230 billion. Simply put: quadruple in three years, with an annual growth rate of 100%. The market believed it again. How to trade? Broadcom is now the sentiment barometer for the AI sector. Last night’s market was actually very clear: after Broadcom’s conference call turned positive, the skew of semiconductor sector options clearly rose, bullish options got lively again, and capital is rushing to get ahead of next week's AI rally $AVGO

#霍尔木兹风险升温，能源通胀受关注 US Stock Market Analysis: Treasury storm temporarily subsides, small caps lead the rebound US Treasury yields surged then retreated, ending a three-day losing streak for the three major indices. The Russell 2000 small-cap index led with a 1.13% gain, driven directly by short covering. Macro and Asset Performance: Bond Market: The 10-year US Treasury yield touched 4.816% intraday before falling back to 4.783%, but European bond markets continued to collapse, with long-term yields in the UK, France, Germany, and Japan collectively hitting multi-year highs. Oil Prices: After surging to $92, prices retreated, closing up 0.88%. Rumors of a Venezuela agreement triggered profit-taking, and EIA inventory declines exceeded expectations, providing support. Gold: Intraday V-shaped reversal, rebounding from a low of $4282 to around $4400, with a weaker dollar acting as a catalyst. Core Logic: ADP small nonfarm payrolls were only 38,000, a new low for the year, slightly cooling rate hike expectations and giving risk assets a breather. However, the global bond sell-off has not stopped, and yields remain elevated; how long this respite lasts is uncertain. Today's rebound is more of a technical short-covering rather than a trend reversal. The threat from the bond market still hangs overhead. Don't rush to chase the small-cap rebound; it's better to wait for Friday's nonfarm payroll data before making a move.

#Nonfarm data divergence before release, September rate hike expectations heat up US stock market closing summary: Dell surges 15% leading AI frenzy, Nvidia and Meta rally together On Wednesday, US tech stocks led the rebound, with the Nasdaq rising over 1%, AI hardware and application software flourishing everywhere. Trading volume and price changes: Nvidia (NVDA): Volume 34.997 billion, up 3.21%. Jensen Huang announced nearly a trillion-dollar investment in US infrastructure this year, fueling the AI infrastructure boom. Dell (DELL): Volume 16.989 billion, surged 15.81%. Earnings blew expectations away, AI server demand driving a corporate upgrade wave, with full-year revenue guidance significantly raised. Micron (MU): Volume 20.1 billion, up 2.43%. Developing high-durability NAND flash memory, aiming to break through VRAM limitations. Meta (META): Volume 9.744 billion, up 2.47%. Released a new generation AI model, claiming top-tier programming capabilities. News: AI remains the absolute main theme. Dell's earnings confirmed the dual logic of "stock replacement + AI addition." Palantir won a big US Army contract but fell 5.81% after previous large gains. Credo's results exceeded expectations but plunged 20%, indicating clear profit-taking despite good news. Summary: The AI infrastructure story continues to unfold, with Dell and Nvidia reassuring the market. However, sector divergence is intensifying; those with solid earnings logic are favored, while pure speculative plays are easily hit. $SOXL $NVDA

#Robinhood链上放量，币股Meme引争议 This wave of FAMI pump is playing the "on-chain short squeeze" game. First, let's look at the market: FAMI US stock surged intraday from around 0.12 to a high of 0.35, nearly a 200% increase. The same-named Meme coin on the Robinhood chain is even more outrageous, with its market cap once approaching $40 million and a daily increase of over 500%. The core logic chain can be explained in one sentence: KOL Rune publicly said he spent $1.8 million to buy 37.4% of a Nasdaq small-cap stock. This company’s market cap is only $4.8 million, but the short interest ratio is as high as 92.3%. Then he dropped a big move: planning to tokenize this equity on the Robinhood chain and issue a Meme coin paired with it. The idea is that funds buying the Meme coin on-chain will directly translate into buying pressure on the underlying stock. The market immediately understood. The Meme coin community started FOMO, on-chain buying surged, and the token price took off. The tokenized stock is pegged 1:1 to the real equity, so on-chain demand equals Nasdaq buying pressure. When the underlying stock rises, shorts panic, covering their positions pushes the stock price even higher—a classic short squeeze loop. In short, this is moving the "short squeeze" onto the blockchain, using the liquidity of Meme coins to leverage the short positions of the underlying stock. $fami

#财报观察员：戴尔业绩超预期，博通雪花接棒 Before Broadcom's earnings report, let me pour some cold water Broadcom reports earnings after the market closes tonight, and expectations are too high, so it's wise to stay cautious. How high are the earnings expectations? Revenue is expected to reach 29.4 billion, up 84% year-over-year; AI semiconductor revenue target is 16 billion, doubling year-over-year. It sounds impressive, but these are guidance figures previously given by management and have long been priced in by the market. The real focus should be on three points: First, the 16 billion AI revenue is a must-defend baseline; falling below this number would be disastrous. Second, the Q4 guidance is the main event. Morgan Stanley bluntly said: the market is currently betting on AI revenue reaching 150 billion in fiscal 2027; if management only guides to 120 billion, no matter how good the quarterly report is, it won't matter. Last quarter was a lesson: earnings beat expectations but the stock price dropped 12% after hours. Third, concerns about Google orders need to be addressed directly. Marvell just disclosed a TPU agreement with Google, raising market worries that Broadcom might lose some market share. What is the options market betting on? Implied volatility shows about 8% one-sided movement after the earnings. The Call/Put volume ratio is 1.48, with higher Call activity. A big player spent $5.51 million on a Call Spread targeting a price range of 540-560, indicating a bullish stance by large investors. Long or short? At this position, the game is about expectations exceeding expectations. The stock price has only risen 7% this year, significantly underperforming peer $AVGO

#Hormuz risk heating up, energy inflation under focus Oil prices have surged past 90, but I want to pour cold water on this WTI is now hovering around 91-92 dollars, yesterday a big bullish candle directly broke through 90, looks quite intimidating. What's the reason for this surge? The US and Iran are at it again. The US military airstruck Iran, Iran responded with missile and drone attacks on US bases, and also conveniently bombed two Saudi supertankers. The Strait of Hormuz traffic dropped to single digits, basically semi-paralyzed. Negotiations? Qatar is mediating, calling for both sides to calm down and return to the negotiating table. But this matter needs to be understood clearly—the US-Iran round of talks has not resolved fundamental differences, what was agreed less than two weeks ago was torn up, both sides hold cards and neither will yield. Sitting down to talk in the short term? Not likely. Can you short? If you say chase longs here, geopolitical issues are unpredictable; if the situation cools down tomorrow, oil prices could drop quickly. But to say top out and short now, the fundamentals are indeed tight, the strait is blocked, inventories are low, so shorting also needs a signal. Personally, I prefer to wait, wait until it can't push higher, wait until there's a clear statement on the news front before acting $CL

#非农前数据分化，9月加息预期升温 Pre-market funds are extremely cautious, only Dell is holding strong After reviewing the pre-market data, it's clear that funds are very hesitant. The bulls' only stronghold is Dell (DELL), which is up over 9% pre-market, with 137 million shares traded, directly entering the top 15. Last night's earnings report was solid, with AI server orders at 60.9 billion, backlog at 95 billion, and full-year guidance raised from 167 billion directly to 192 billion, which is like slapping the bears in the face with orders. But note, the stock plunged 6.8% last night, and today's pre-market gains look more like short covering rather than new money buying in. The rest of the sectors are playing dead. Among the seven giants, except Tesla up slightly 0.6%, Nvidia and Apple each up less than 0.5%, the others are either down or flat, with significantly reduced trading volume, indicating big money is not active. In the storage chip sector, Micron and SanDisk are only slightly up pre-market, which compared to last night's panic is just a breather, not a reversal. Where is the capital attack? There is none at all. Besides Dell, the only pre-market moves over 1% are SOXL down 1.1%, Marvell down 1.23%, and Palantir down 1.16%. This is not an attack, it's still running away. Geopolitics remain unsettled, yields are suppressing valuations, and the probability of a rate hike is still hanging at 68%. The low pre-market volume shows institutions are all waiting for CPI. $SOXL