According to CoinMeta, since Michael Barry issued a "sell" signal on January 31, 2023, the Nasdaq 100 index has risen by 157%, with the latest closing price at 31,076 points, an increase of 0.87% from the previous trading day. This gain means that if $10,000 was invested at that time, it would now be worth approximately $25,700. Barry's "sell" signal at that time was based on concerns about an impending banking crisis, rather than a specific prediction of a collapse of the Nasdaq 100 index. With the rapid development of artificial intelligence, large technology companies such as NVIDIA, Microsoft, Broadcom, Meta, and Amazon have benefited from the surge in AI infrastructure spending, which has driven Nasdaq's performance. Although the yield on 10-year Treasury bonds is close to 5.3%, which usually puts pressure on growth stocks, Nasdaq has continued to set new highs due to the strong profit growth of AI.