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寒江观盘
派杰把耐克目标价往下猛砍，这数字本身不惊天，却戳中现实：消费在退潮，AI和科技龙头还在冲高。同一市场，冷热撕裂，K型不再只是宏观词，而是交易地图。
钱变聪明了，也变少了。它不铺开，只向少数确定性聚拢。于是，强资产继续吸金，弱资产被抽走流动性。别期待“水漫金山”式普涨，那套剧本过期了。BTC这类龙头有共识托底，顺风仍在；一堆无叙事、无资金的山寨，反弹多半是逃命，阴跌才是主旋律。
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