上一轮（也是最后一轮）的加密泡沫是资本极度错误配置的结果，尤其是在人工智能推动的第四次工业革命的背景下。这些泡沫是由过剩的流动性驱动的，人们在押注寻求改变世界的技术。这项技术以人工智能和机器人技术的形式出现，将推动并捕捉真正的经济价值。所以除非基本面出现重大变化，加密货币全面牛市已经彻底结束。
-----Wesley

Twitter

The last (and final) crypto bubble was the result of a severe misallocation of capital, especially against the backdrop of the Fourth Industrial Revolution driven by artificial intelligence. These bubbles were fueled by excess liquidity, with people betting on technologies that would change the world. These technologies, emerging in the form of artificial intelligence and robotics, will drive and capture real economic value. Therefore, unless there is a significant change in fundamentals, the full-blown cryptocurrency bull market is over.

—Wesley

Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

Institutional demand for tokenized finance in Asia is accelerating as the finchain avalanche collaboration moves to bring traditional assets on-chain at scale.
Summary
FinChain deepens strategic coope...

FinChain Avalanche partnership targets RWA tokenization and institutional liquidity in Asia

The crypto market experienced a sharp drop this afternoon, with Ethereum falling below the $2,000 mark at 3 PM Taiwan time, according to Hyperliquid [...]
The article, titled "Machi Big Brother Suffers Huge Losses and Didn't Sleep All Night? Ethereum Falls Below 2000 Magnesium, Panic Arrives, Opens Long BlockTempo and Loses 120,000 Magnesium," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Machi Big Brother lost so much money he couldn't sleep all night? Ethereum fell below 2000, causing panic. He long positions in ETH and HYPE, then sold at a loss, losing all 120,000 in magnesium.