COINOTAG News reported on Nov 25, citing Wall Street News, that after rumors of fund liquidation and media hype around a ‘short AI’ narrative, veteran investor Michael Burry fulfilled his promise on Nov 24 by publishing his first column, ‘Primary Signs of a Bubble: Supply-Side Binge.’ He targeted the current AI rally, naming NVIDIA as the epicenter.

In his analysis, Burry challenges the notion that tech profits negate a bubble and draws a line to the 1999 Internet era: the boom rested on profits, not revenue-less sites. He warns the AI craze suffers from oversupply and waning demand, insisting that ‘this time is different’ is not proven.

For crypto markets, the narrative carries a tangible warning: avoid chasing parabolic stories and focus on fundamentals. Traders should assess on-chain demand signals, real-use cases, and risk metrics; deploy disciplined position sizing; and preserve liquidity to weather potential drawdowns when speculative euphoria cools.