Ansem: July correction in stocks, crypto could be buying opportunity

Crypto influencer Ansem, who has one million followers, predicted that U.S. stocks and semiconductor-related equities could be nearing a short-term peak, potentially leading to increased market volatility early in the third quarter this July. He suggested that this could trigger a temporary sell-off in the cryptocurrency market, coinciding with weakness in stocks. However, Ansem noted that he expects a bullish divergence to emerge soon for Bitcoin (BTC) and Solana (SOL), as both have already priced in a significant portion of their recent declines. While Hyperliquid (HYPE) may continue to show relative strength, it could also decline if the broader market undergoes a correction, he said. Ansem concluded by advising spot investors to view the third quarter as an opportunity for dollar-cost averaging rather than attempting to time the bottom for short-term profits.