According to CoinMeta, analyst Jukan indicates that the market is bearish on storage in the short term and bullish on optical interconnects, with some hedge funds having already implemented this strategy. The reasons include: the leverage ETF in South Korea being essentially ineffective, limited partners' concentrated redemptions putting pressure on NVIDIA, weakening the HBM configurations of Rubin Ultra, and a consensus has formed that storage prices will peak in the next two quarters as the market shifts to using optical interconnects for rack connections. In the medium to long term, there is a bullish outlook on storage, but in the short term, the sentiment is bearish; currently, there are no positions in storage.