STOCKS | Ansem Sees Micron and Some AI Stocks Nearing a Rebound, Followed by Longer Consolidation

Crypto trader Ansem has shifted his focus to U.S. stocks, saying Micron and some AI-related stocks that fell sharply this week may be nearing a short-term rebound. According to Odaily, Micron shares fell about 34% in a week, and Ansem said the selloff appears excessive, with a potential rise next week, though he remains cautious about what follows. Ansem said a rebound toward previous support levels could give investors an opportunity to reduce risk. He expects the stocks may then enter a longer consolidation, with the bottoming process likely to be slower and less volatile than the rapid selloff.