---
title: "人工智能的上漲趨勢終於開始出現裂縫"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286155205.md"
description: "及時消息：人工智能的快速上漲在歷史上處於極度拉伸的水平。納斯達克指數交易價格比其 100 日移動平均線高出超過 15%，風險偏好飆升至多年來的最高水平，散户的看漲期權購買接近於 “迷因” 時代的極端水平。每個人突然都害怕錯過上漲的機會，這通常是反轉開始變得劇烈的時候"
datetime: "2026-05-12T20:42:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286155205.md)
  - [en](https://longbridge.com/en/news/286155205.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286155205.md)
---

# 人工智能的上漲趨勢終於開始出現裂縫

## **Just In Time**

The AI melt-up came into today at historically stretched levels. Nasdaq was trading more than 15% above its 100 day moving average, risk appetite had surged to one of the highest readings in years, and retail call buying was approaching meme-era extremes.

_Everybody suddenly became terrified of missing the upside at the same time. That is usually when reversals start becoming violent._

### 相關股票

- [.NDXTMC.US](https://longbridge.com/zh-HK/quote/.NDXTMC.US.md)
- [.IXIC.US](https://longbridge.com/zh-HK/quote/.IXIC.US.md)
- [NDAQ.US](https://longbridge.com/zh-HK/quote/NDAQ.US.md)
- [QQQ.US](https://longbridge.com/zh-HK/quote/QQQ.US.md)
- [BOTZ.US](https://longbridge.com/zh-HK/quote/BOTZ.US.md)
- [ARKK.US](https://longbridge.com/zh-HK/quote/ARKK.US.md)
- [SNSR.US](https://longbridge.com/zh-HK/quote/SNSR.US.md)
- [IXN.US](https://longbridge.com/zh-HK/quote/IXN.US.md)
- [QLD.US](https://longbridge.com/zh-HK/quote/QLD.US.md)
- [SKYY.US](https://longbridge.com/zh-HK/quote/SKYY.US.md)
- [VUG.US](https://longbridge.com/zh-HK/quote/VUG.US.md)
- [DTCR.US](https://longbridge.com/zh-HK/quote/DTCR.US.md)

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- [美國 SEC 下調門檻 旨在「讓 IPO 再次繁榮」｜美股](https://longbridge.com/zh-HK/news/287013583.md)
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