---
title: "Michael Burry 警告市场在人工智能和加密货币风险中可能已达到顶峰"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/288131580.md"
description: "迈克尔·伯里警告市场可能达到顶峰，将由人工智能驱动的科技反弹与互联网泡沫进行比较，并对英伟达采取了空头头寸。他还警告称，SEC 关于区块链股票交易的提案可能会导致市场碎片化，削弱投资者保护。相反，Reflexivity 的估值差距指标表明，尽管存在宏观担忧，但大型公司的强劲表现可能会支撑牛市"
datetime: "2026-05-30T03:35:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288131580.md)
  - [en](https://longbridge.com/en/news/288131580.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288131580.md)
---

# Michael Burry 警告市场在人工智能和加密货币风险中可能已达到顶峰

Bubble echoes: Burry compares the AI-driven tech rally to the dot-com bubble and has taken short positions, including against Nvidia. Tokenized stock fears: He warns SEC’s proposal for blockchain-based stock trading could fragment markets and weaken investor protections. Bull market signal: Reflexivity’s valuation spread indicator suggests mega-cap strength may keep the bull market intact despite macro concerns.

### 相关股票

- [NVDA.US](https://longbridge.com/zh-CN/quote/NVDA.US.md)
- [NVDD.US](https://longbridge.com/zh-CN/quote/NVDD.US.md)
- [NVDL.US](https://longbridge.com/zh-CN/quote/NVDL.US.md)
- [NVDS.US](https://longbridge.com/zh-CN/quote/NVDS.US.md)
- [NVDQ.US](https://longbridge.com/zh-CN/quote/NVDQ.US.md)
- [NVDX.US](https://longbridge.com/zh-CN/quote/NVDX.US.md)
- [XLK.US](https://longbridge.com/zh-CN/quote/XLK.US.md)
- [SMH.US](https://longbridge.com/zh-CN/quote/SMH.US.md)
- [SOXL.US](https://longbridge.com/zh-CN/quote/SOXL.US.md)
- [XSW.US](https://longbridge.com/zh-CN/quote/XSW.US.md)
- [NVD.US](https://longbridge.com/zh-CN/quote/NVD.US.md)
- [SOXX.US](https://longbridge.com/zh-CN/quote/SOXX.US.md)
- [NVDU.US](https://longbridge.com/zh-CN/quote/NVDU.US.md)
- [NVDY.US](https://longbridge.com/zh-CN/quote/NVDY.US.md)
- [07788.HK](https://longbridge.com/zh-CN/quote/07788.HK.md)
- [IGV.US](https://longbridge.com/zh-CN/quote/IGV.US.md)
- [NVD.DE](https://longbridge.com/zh-CN/quote/NVD.DE.md)

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