Coreweave (CRWV) is at the center of the whole hyperscaling build-out, and as such, it has the potential to completely burn to the ground. I’d be tempted to short this based on its rounded top, but there’s a reason I’m not touching it: because all three instances of such a pattern led to either nothing more than brief downturn or, for the largest one, absolutely nothing.
My reluctance to take a position probably guarantees this thing will finally enter the collapse it so richly deserves.
