Panic sell, panic sell, panic sell! That’s basically how Monday went for Wall Street and those of you who hold Nvidia shares. Or just about any other tech stock — you name it, it likely fell nose first when a big and scary Chinese artificial intelligence startup unveiled its new AI model. DeepSeek. What in the world is DeepSeek and why do I hear about it now? DeepSeek, a Chinese artificial intelligence startup, may have just stripped Nvidia of its untouchable status as the go-to company that develops expensive chips to train AI models. DeepSeek announced it had trained its latest model, a rival of ChatGPT, for the negligible $5.6 million in computing costs. The story gets even crazier: it did it with 2,048 Nvidia H800 GPUs (bought before the US rolled out export restrictions). That’s a meager 5% of the $100 million OpenAI blew on training its GPT-4 model in late 2023. And, what’s even more, DeepSeek’s model, called R1, churns out responses that are scarily close to the advanced US-bred technology. Oh, and it’s open source, unlike OpenAI, which was originally open source but shut its doors to the public. It’s also free to use, unlike ChatGPT, which offers a paid tier between $240 and $2,400 a year. DeepSeek’s R1 model is quickly gaining traction among users as it made its way to the top of Apple’s App Store rankings. DeepSeek has factored in demand from corporations, too. While OpenAI hosts the model on its own platform, its Chinese rival allows you to host this beast on your own hardware, which is a big deal to lots of businesses that work with sensitive data. The stock market was so shocked by the news that you can get pretty much the same result for a fraction of the cost (and give it to users for free), it ran for the hills. The aftermath — Monday saw more than $1 trillion washed out from the valuation of the Magnificent Seven club. One company specifically took the biggest blow. Can DeepSeek deep-six Nvidia’s world dominance plans? Have companies been overpaying for Nvidia’s $30,000 chips? And have investors been overpaying for Nvidia’s shares? Nvidia NVDA pulled in a record $35 billion in Q3 , 2024 and struck a gross margin of 75% and net income of $20 billion. The Jensen Huang-led company on Monday showed it can also hit records in reverse. Closing down 17% for the cash session, it took the biggest L in history. This was the largest destruction of value for a single company ever — $589 billion . So why was Nvidia particularly hit by DeepSeek’s rise? Nvidia has been the primary beneficiary of the vast amounts of cash companies spent on AI. Simply because Nvidia makes the semiconductors used to train AI models. But if the same result (or just about the same) could be achieved through far less expensive means, why bother propelling Nvidia to the top echelon of the world’s biggest companies ? Nvidia has picked up roughly $131 billion over the past two years from the sale of data-center equipment, mostly AI chips. Its client list includes the biggest names in tech, such as Amazon AMZN , Microsoft MSFT , Meta META and Alphabet GOOGL . These four combined have shelled out $343 billion in AI-related capex (capital expenditures) over the past two years. Since the release of ChatGPT, Nvidia shares have surged more than 700%. Could we be looking at the good old supply and demand equation in play? If DeepSeek’s claims are true, and other companies can do the same (it’s an open-source model), then the scales could turn from undersupply to oversupply. Can we then see a market crash that’s beyond anything we’ve ever thought possible? Or is that freak-out an unjustified stretch? Share your thoughts in the comment section below.
https://www.tradingview.com/x/iRo0recp/ Hello, Friends! We are now examining the EUR/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.017 level. ✅LIKE AND COMMENT MY IDEAS✅
Attention traders! XAUUSD is on fire, setting new highs with precision! Check this out: XAUUSD Insight: Locked in a fierce contest between 2733 and 2744. Is a breakout near? Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 2725, 2720. Upside Watch: Look for buying signals if it rises above! Targets: 2755 and 2765
Overview: The chart represents the XRP/USDT trading pair on a 4-hour timeframe from Binance. The price is currently around $3.102, showing consolidation after a previous sharp movement. Key Observations: Descending Channel Breakout: The price was previously moving in a descending channel but has broken out aggressively to the upside before facing rejection. Support and Resistance Zones: Support: The price bounced off from a strong demand zone around $2.80 - $2.85. Resistance: The key resistance level is at $3.10 - $3.15, followed by a major target at $3.40 - $3.41 (highlighted in yellow). Possible Scenarios: The price is forming a small consolidation pattern near the breakout zone. A retest of the breakout level near $2.90 - $2.95 (highlighted box) before a bullish continuation is likely. A confirmed breakout above $3.15 could push the price toward $3.40. Bullish Setup: The chart suggests a bullish bias, with a possible pullback to retest support before an upward move. The expected target price after confirmation would be $3.40. Trade Strategy: Entry: Consider entering long positions if the price retests $2.90 - $2.95 and shows bullish confirmations. Stop Loss: Below $2.80 to minimize risk. Take Profit: Primary target at $3.40. Conclusion: XRP is in a bullish trend after breaking out of the descending channel. A pullback and retest of support could offer a strong buying opportunity, with a potential upside toward $3.40. Keep an eye on $3.15 resistance for confirmation of a breakout.
As I mentioned yesterday, the price has completed an ABCD pullback towards the daily low. The market made a fake breakout of Thursday's low before bouncing off the support level. Given that the market made a complex pullback, there is a chance it may have entered a consolidation phase in anticipation of the upcoming FED rate cut decision. Looking back at the period from November 1 to 5, we can observe a similar pattern where the price moved sideways between 2730 and 2750 before dropping ahead of the Fed's decision. However, considering the current bullish momentum, I believe the market may push higher and potentially test the 2800 level this week. My goal is resistance zone around 2770 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
https://www.tradingview.com/x/k47QBxfb/ Hello, Friends! The BB upper band is nearby so CAD/JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 106.752. ✅LIKE AND COMMENT MY IDEAS✅
after my last post i had to recoup my analysis on chart work thinking price was going to go lower last week when in fact it was ready to go into previous sought out target 1.24500. i was expecting the perfect entry and that costed me a great opportunity. Lesson here is when price is retracing into a impulse move dont expect the perfect entry and if its the real directional bias then price shouldnt reverse at all anyway once running into new highs. I am now expecting a bearing sweep into last friday low and thursday high 1.23500 level after price traded into a bearish ob i have marked to the left.
H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Analysis/bias remains the same as yesterday's analysis dated 27/01/2025 Price has now printed a bearish CHoCH according to analysis dated 21 January 2025. Price is now trading within an established internal range. Intraday Expectation: Price to trade continue bearish to complete it's pullback phase. Technically price should trade down to either discount of internal 50% EQ or M15 demand zone before targeting weak internal high priced at 2,786.060. It would be useful to remember that Daily TF swing and internal range are bullish. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: https://www.tradingview.com/x/6021Iegl/ M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. As mentioned in yesterday's analysis and alternative scenario that as H4 timeframe has printed a bearish CHoCH, it would come at no surprise if price printed a bearish iBOS to assist H4 TF in it's pullback phase. This is how price printed. Strong internal low was targeted with price printing a bearish iBOS. Price has subsequently printed a bullish CHoCH to indicate, but not confirm bullish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price to continue bullish, show reaction at either premium of 50% EQ, or M15/H4 supply zone before targeting weak internal low priced at 2,730.560. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. M15 Chart: https://www.tradingview.com/x/4FunGPEo/
polka dot was always among top 20 ranking of the market cap. but frankly didn't have optimistic activities from last 3 years. I myself expected better function from this coin. however it's not just this alt coin issue, most other Alt coins had same frustrated expectation, anyway... from technical aspect, at the moment price is moving below 200 moving average that show us the negative sentiment of the market, indicating still there is no desire for buyers to push the price upward right now. so in my view this situation could keep on at least 2 or even 3 next weeks until we can see sign of strength for new uptrend. then it gives us good opportunity of fully buy in deep. the best chance is by the time the price is moving into range area of my chart. the second chance is when price breaks upon the descending triangle already has formed So if you eager to invest on this coin it may be last golden chance to buy on this sell-off
AAD PATTERN , Trendline break and retest 1Hour NZDJPY Short IDEA Lets See RISK MANAGEMENT!