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First, thank you to Blake @Blakeesss for arranging Tom Lee's KOL meet-and-greet. I had to cancel due to unforeseen circumstances, but I just watched the Futu Investment Expo speech recap. Regarding the question of whether gold or Bitcoin is the king of inflation hedges: Tom Lee provided the following data in his speech: Over the past 55 years, gold has underperformed inflation 48% of the time; While Bitcoin has only underperformed inflation 3% of the time since 2009. Regarding the bottom signal of $ETH: Currently, the average holding cost of Ethereum is $2241, with a current discount rate of 22%, highly consistent with the starting point of the 2025 rally. Historically, there have been 7 instances where a drop of over 50% was followed by a V-shaped reversal. Tom Lee predicts: ETH's target price in 2026 is $5000 (conservative) or even $12000 (medium-term). Futu NiuNiu also has a crypto trading section.

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