OJ WILLIAMS

⏰ Upcoming Token Unlocks (July 13 - July 19） Several crypto projects will unlock tokens this week, including $XCN, $STRK, $SEI, $ARB, $DBR, $ZK Investors, keep an eye on these token unlocks events!

1/Today we're launching the EXP Ad Agent Program 🎉 Refer advertisers → earn 5% Ad Agent Commission. 2 months ago, we opened EXP Ads (Beta). You ran campaigns, gave feedback, helped us fix what was broken — together we built an ad platform that actually helps builders grow. Thank you 🙏 Now, it’s time to bring EXP Ads to more founders & creators.

SoSoValue Flash: Disappointing Payrolls Remap Rate Path, "Compute Glut" Panic Shocks Asian Tech as Meta and Tesla Curtail Spend 💥 Core Catalyst: June nonfarm payrolls added just 57K vs. 115K expected—a stark headline miss—while the unemployment rate slipped to 4.2% (below the 4.3% consensus) primarily due to a lower labor participation rate. The print confirms a cooling labor market but removes any immediate case for an emergency cut, prompting markets to push out the next rate move from September to October. Simultaneously, a "compute glut" scare swept through Asian trading hours: Meta floated intentions to lease out idle compute, Anthropic is reportedly planning its own proprietary AI chips (in manufacturing talks with Samsung), and Zuckerberg conceded AI-agent progress has lagged initial expectations. Further fueling fears that AI capex is peaking, Tesla capped employee AI token spend at $200/week from July 6, causing the KOSPI to plummet 7.9% and China's STAR index to drop 5.6%. 🔍 Key Logic Shifts: 1️⃣ Easing Rate Regimes Lift Cyclicals: The severe payroll miss was ultimately viewed as "weak enough" to dial back Fed tightening anxieties without triggering outright economic growth panic. As crude glides lower and broader inflation cools, the reduction in macro rate pressure is shifting into a structural tailwind for broader U.S. equity indexes and cyclicals. 2️⃣ Compute Panic Hits Aggressive Positioning: Meta's idle-compute commentary snowballed into a structural "compute glut" narrative in Asia (KOSPI -7.9%, STAR -5.6%), cascading into a direct liquidation of U.S. AI hardware alongside Anthropic's insourcing chip news and Meta's agent bottleneck. While analytical views remain split on whether the secular tech thesis is broken, the outsized price action points heavily to overbought, crowded positioning being flushed. 3️⃣ AI High-Level Range trading: Big picture, the AI sector is expected to remain bound within a wider high-level range. Though the long trade is growing increasingly crowded, core consensus positions continue to see meaningful capital backstops on deeper pullbacks. 4️⃣ Guidance Vacuum Amplifies Volatility: The immediate macro narrative hinges completely on the Fed’s reaction function. Chair Warsh's operating style offers zero forward guidance, meaning the upcoming July 29 FOMC meeting is structurally poised to expand data-driven volatility. 📊 Trade Setup: Core: $USTECH-100 | $CL | $XAUT | $BTC MAG7: $NVDA | $AMZN | $GOOGL | $META | $MSFT | $TSLA | $AAPL AI Hardware: $SNDK | $MU | $AMD | $INTC | $TSM