Market Trader Predicts Nasdaq 100 to Enter Consolidation Phase in the Second Half, AI Trading Momentum Slowing

BlockBeats News, July 8th, according to data from the prediction market platform Kalshi, traders are becoming cautious about the NASDAQ-100 Index's performance in the second half of the year. Currently, the market believes there is about a 50% probability that the Nasdaq 100 will stabilize above 30,000 points by the end of the year, a 40% probability of breaking through 32,000 points, and only a 27% probability of rising to 33,000 points. This reflects investors' reduced expectations for the sustainability of the AI-driven market.

At the same time, UBS released a report indicating that after a strong performance in the semiconductor sector in the second quarter, the market is reevaluating the next phase of AI trading.

Although the long-term growth logic of AI remains unchanged, the market leadership may undergo a structural shift, with funds potentially flowing from overvalued tech stocks to other sectors. In the second half of the year, technology stocks may face more significant valuation adjustments and sector rotation pressure.