TechFlow News, June 26: Jiang Zhuo’er, founder of the Litecoin mining pool Laibit, stated that U.S. equities are currently facing liquidity pressure, and the AI sector bubble may burst when new capital can no longer sustain further stock price gains. He likened this process to the late-stage Bitcoin bull market, where newly injected capital proved insufficient to maintain continuous price appreciation.
Jiang believes market performance has shifted from broad-based gains across tech stocks early on to gains concentrated solely in the AI sector—and has now further narrowed to relative strength only in the memory/storage segment. Even AI leaders such as NVIDIA have seen pullbacks, indicating a continued contraction in the scope of capital-driven momentum.
