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BlockBeats news, on June 24, Serenity posted that from the perspective of swing and recovery trading, some "oversold" stocks in the current US stock market are worth attention. CRCL fell from $132 to $78, yet the rate hike is actually beneficial to this asset; NFLX has dropped 41.6% in the past year, and although it may lack blockbuster content like "Squid Game," its business is still growing; ETHA and IBIT correspond to ETH at approximately $1,650 and BTC at around $62,000, respectively. Serenity remains optimistic about ETH in the $1,500 to $1,700 range, and is also bullish on Bitcoin around the current price. From a swing trading point of view, ASTS seems to always recover from around $70; META and MSFT have pulled back significantly from highs due to capital expenditure pressures, but both companies are still growing rapidly; UPWK currently has an extremely low P/E ratio and might be worth renewed attention; with RDDT currently around $170, selling cash-secured puts near $150 might be ideal. Regarding AI-related stocks, Serenity stated that AI infrastructure spending will continue to rise until 2028, so he is still investing around bottlenecks. He personally believes AAOI is very attractive near $150, and JBL is similarly attractive around $370 and a market cap of approximately $39 billion. If TSM is raising prices, its $1.9 trillion market cap may be underestimated, and it has been reported that a roughly 10% price increase might bring about a 2 percentage point boost in profit margin. Serenity added that he still holds EWY and storage-related exposures but personally will not continue to increase his position. For INTC, MRVL, and other stocks, he believes that if one does not have a position, current prices are already quite reasonable, and with very high implied volatility across the market, it may be more suitable to sell cash-secured puts.

Entering June, the gold market has experienced significant volatility. The domestic spot gold price has continued to decline from above 980 yuan per gram at the beginning of June, with many branded pure gold retail prices falling in tandem. On weekday mornings, the Shuibei Gold Market in Shenzhen, Guangdong, still sees a steady stream of visitors. Faced with the ongoing fluctuations in gold prices, many consumers have adopted a more conservative mindset. Most people generally follow a "buy when prices rise, not when they fall" mentality, hoping to wait for a further pullback before making a purchase. Although overall retail sales have cooled, the price decline from high levels has successfully stimulated some essential demand. It is understood that June is typically the off-season for gold jewelry sales in previous years, but at present, wedding-related orders are seeing a clear rebound, driving some merchants’ overall sales up year-on-year. In addition, large orders in the Shuibei market have increased significantly recently. Whether it is investment gold bars or consumers making one-off wedding purchases worth hundreds of thousands of yuan, both have increased compared with the same period in previous years. In stark contrast to the cautious wait-and-see attitude in the terminal gold retail market, the upstream wholesale side has actively restocked in response to the price pullback. According to business leaders, during the previous period of continuous gold price increases, companies had been strictly controlling their inventories and did not dare to purchase rashly. Recently, as gold prices have retreated, companies have accelerated their restocking pace.

BlockBeats News, June 24th, according to Hyperinsight monitoring, the 24-hour trading volume of SKHX on Hyperliquid was approximately $360 million, with a post-market increase of about 2.27%. On the news front, SK Hynix plans to raise about $29 billion through a Nasdaq ADR listing, a move seen by the market as a positive catalyst to expand the investor base and support AI chip production capacity. Following the announcement, within 10 minutes, two whales on Hyperliquid successively opened million-dollar SKHX long positions, with a total size of $4 million. Specifically: The whale address 0xe1d began building its position less than 1 minute after the news was first released (15:50), with the price at that time at $1686. Subsequently, it consistently added to its position and is now long 1,324.9 contracts with 10x leverage, worth approximately $2.28 million, currently showing a slight unrealized profit. Data shows that the on-chain SKHX whale holdings still lean bearish, with a short position size of around $79.07 million and a long position size of about $40.99 million, making shorts about 1.93 times larger than longs. Address: 0xe1d39d2b30da977d470e0652239372b7ad4b7766