---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42084146.md"
description: "Now the market has adjusted, many people may still think it was brought down by SpaceX, but actually it's not. The real reason is still because the market is betting on interest rate hikes this year, and not just once.The first step after Walsh's appointment, as it now appears, is to rebuild the credibility of the US dollar system. So, they need to shrink the balance sheet first before discussing interest rate cuts. Logically, with the strait opening up, the US dollar index should weaken further, but the timing just happened to coincide with his first speech, so the US dollar index strengthened further.At the same time, the US is also suppressing the gold rally. The trader for the past few months should have been personally deployed by Besant. They must make capital flow back to the US dollar to ensure its hegemony.So, this year, Trump is frantically drawing k-lines to create volatility in the stock market, hoping that the first choice for subsequent capital seeking refuge will still be the US dollar.The Federal Reserve will likely find it difficult to cut rates this year, but the task for Walsh after taking office is that Trump wants him to cut rates. So, what he should do is first strengthen US dollar credibility (balance sheet reduction), and the second step must be to follow with rate cuts. It now looks like that will be next year.But people aren't afraid. He still reiterated the theory of AI prosperity in the market, which is not contradictory to what he is doing now.Micron's earnings report is approaching, coinciding with a critical moment of market reversal. Bet less, watch more. The market's demand for Micron is no longer just a single earnings report, but future long-term high-price contract orders.Personal opinion, for reference only.$Micron Tech(MU.US)$Sandisk(SNDK.US)$Western Digital(WDC.US)$AMD(AMD.US)$Intel(INTC.US)"
datetime: "2026-06-23T03:00:06.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42084146.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42084146.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42084146.md)
author: "[万山红](https://longbridge.com/en/profiles/15423153.md)"
---

# Now the market has adjusted, many people may still…


### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)

## Comments (23)

- **做个快乐老头 · 2026-08-12T02:34:46.000Z**: Update requested, CPI tonight will cause significant volatility in tech stocks, coming out to chat a bit
- **空投大师 · 2026-08-07T11:38:42.000Z**: Why haven't you posted recently?
- **财多福多 · 2026-06-23T08:24:52.000Z**: It dropped a lot in pre-market, should I sell? 🥲
  - **财多福多** (2026-06-23T08:25:07.000Z): I was thinking of selling today 😂
- **mix_VZfDtD · 2026-06-23T07:40:21.000Z**: Feels like expectations are set too high; it'll be troublesome if they're not met.
  - **万山红** (2026-06-23T10:05:07.000Z): So I won't gamble.
- **努力回本君 · 2026-06-23T06:41:05.000Z · 👍 1**: How to determine if everyone is bullish or bearish, are there any specific indicators to refer to?
  - **丁真！寄** (2026-06-23T07:08:24.000Z): Profits are big but they don't exit, losses are many but short sellers still enter to short, two very common styles
  - **万山红** (2026-06-23T07:20:51.000Z): Actually, if you can read the news when it comes out, you can make a judgment. Basically, everyone knows the news at the same time.
- **知轨道 · 2026-06-23T05:38:55.000Z**: Sold a little last night, originally thinking of selling after a perfect rebound tonight, but the institutions ran away first.
  - **知轨道** (2026-06-23T05:42:01.000Z): Besides, I don't think it's a problem with interest rate hikes. I just feel that institutions are spreading these rumors to find an excuse to sell off and force retail investors out.
  - **万山红** (2026-06-23T07:21:03.000Z): Today was influenced by South Korea
  - **知轨道** (2026-06-23T07:33:15.000Z): The originally planned operation was disrupted, all because I was greedy for food.
- **新用户_taiNqh · 2026-06-23T05:03:41.000Z**: Only when infrastructure falls will software have a chance.
  - **知轨道** (2026-06-23T07:32:29.000Z): Hercules crashed Micron, just afraid of what Micron will say tonight.
- **sortmin · 2026-06-23T04:49:42.000Z**: There's already talk circulating about two interest rate hikes in the second half of the year, so I've kept 25% of my cash to buy the dip. Regarding the Taiwan Strait issue, has it really started? I think the final agreement hasn't been signed yet.
  - **万山红** (2026-06-23T07:21:38.000Z): That matter doesn't affect it. After the earnings report comes out, it'll be garbage for half a month until the next quarter's earnings report.
- **新用户_R7rTb · 2026-06-23T03:05:39.000Z · 👍 2**: There's a feeling that no matter what, the earnings report will cause a drop T T
  - **万山红** (2026-06-23T03:21:43.000Z): When everyone is bearish, it will rise; when everyone is bullish, it will fall. The opposite view is correct.
- **漫漫回本录 · 2026-06-23T03:04:24.000Z**: Every time the market fluctuates, I can see the boss's macro analysis and it feels great!
  - **万山红** (2026-06-23T03:22:20.000Z): It's good that it's inspiring for you. You must first know the reason for market fluctuations, and only then can it help with subsequent trades.