---
title: "所有人都被卷入了上涨的趋势中"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/286144363.md"
description: "AI 的快速上涨终于遇到了第一个真正的阻力。半导体、人工智能和动量股现在几乎完美地从历史高位回调。今天的市场定位处于极端水平。纳斯达克在开盘时严重超买，风险偏好飙升至多年来的最高水平，市场集中度继续类似于之前的晚期快速上涨阶段"
datetime: "2026-05-12T19:02:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286144363.md)
  - [en](https://longbridge.com/en/news/286144363.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286144363.md)
---

# 所有人都被卷入了上涨的趋势中

## **Sucked In**

The AI melt-up finally hit its first real air pocket. Semis, AI, and momentum names are now reversing almost perfectly from historically stretched levels.

Positioning came into today at extreme levels. Nasdaq entered the session massively overbought, risk appetite surged to one of the highest readings in years, and market concentration continues resembling prior late-stage melt-ups.

### 相关股票

- [.IXIC.US](https://longbridge.com/zh-CN/quote/.IXIC.US.md)
- [NDAQ.US](https://longbridge.com/zh-CN/quote/NDAQ.US.md)
- [.NDX.US](https://longbridge.com/zh-CN/quote/.NDX.US.md)
- [.NDXTMC.US](https://longbridge.com/zh-CN/quote/.NDXTMC.US.md)
- [MGK.US](https://longbridge.com/zh-CN/quote/MGK.US.md)
- [CLOU.US](https://longbridge.com/zh-CN/quote/CLOU.US.md)
- [SMH.US](https://longbridge.com/zh-CN/quote/SMH.US.md)
- [ARTY.US](https://longbridge.com/zh-CN/quote/ARTY.US.md)
- [IWF.US](https://longbridge.com/zh-CN/quote/IWF.US.md)
- [SOXX.US](https://longbridge.com/zh-CN/quote/SOXX.US.md)
- [XSD.US](https://longbridge.com/zh-CN/quote/XSD.US.md)
- [PSI.US](https://longbridge.com/zh-CN/quote/PSI.US.md)
- [IXN.US](https://longbridge.com/zh-CN/quote/IXN.US.md)
- [SKYY.US](https://longbridge.com/zh-CN/quote/SKYY.US.md)
- [ONEQ.US](https://longbridge.com/zh-CN/quote/ONEQ.US.md)
- [QQWZ.US](https://longbridge.com/zh-CN/quote/QQWZ.US.md)
- [ARKK.US](https://longbridge.com/zh-CN/quote/ARKK.US.md)
- [BOTZ.US](https://longbridge.com/zh-CN/quote/BOTZ.US.md)
- [TQQQ.US](https://longbridge.com/zh-CN/quote/TQQQ.US.md)
- [QQEW.US](https://longbridge.com/zh-CN/quote/QQEW.US.md)
- [VUG.US](https://longbridge.com/zh-CN/quote/VUG.US.md)
- [IUSG.US](https://longbridge.com/zh-CN/quote/IUSG.US.md)
- [QQQ.US](https://longbridge.com/zh-CN/quote/QQQ.US.md)
- [SCHG.US](https://longbridge.com/zh-CN/quote/SCHG.US.md)
- [QQQM.US](https://longbridge.com/zh-CN/quote/QQQM.US.md)
- [SOXL.US](https://longbridge.com/zh-CN/quote/SOXL.US.md)

## 相关资讯与研究

- [Polymarket 推出与私营公司相关的预测市场](https://longbridge.com/zh-CN/news/286945839.md)
- [Claude Code 产品负责人：AI 时代最稀缺的人什么样？](https://longbridge.com/zh-CN/news/287042434.md)
- [分析师称 CrowdStrike 涨势还未结束，AI 威胁可能提供上行空](https://longbridge.com/zh-CN/news/287012485.md)
- [字节凭什么又牛了？](https://longbridge.com/zh-CN/news/287045541.md)
- [硅电容乘上 AI 东风 行业现 102 亿收购案 +68 亿长单 巨头为何青睐？](https://longbridge.com/zh-CN/news/287022742.md)