$STX $CRM Enterprise-level AI narrative differentiation: Salesforce and ServiceNow’s bets on agentic AI are very different, but the market only rewards “certainty.” With expectations for US Fed rate cuts repeatedly swinging, the US dollar index has been fluctuating at high levels, and the rhythm of global liquidity staying loose has been disrupted. Institutional capital is shifting from overvalued growth stocks toward assets with more certain cash flows. As a cloud giant, $CRM’s speed of commercializing AI will directly map to the crypto market’s risk appetite—if US tech stocks retreat due to AI capex pullbacks, BTC will feel the pressure first, while ETH and AI-themed altcoins (such as FET, RNDR) will likely fall even more. Morgan Stanley cut its outlook for Nvidia, suggesting that the bubble on the AI hardware side is being squeezed; funds may move toward the application layer, but the short-term transmission chain is: US stock volatility → BTC, as a high-risk asset, being sold off → altcoin liquidity drying up. Viewpoint: Before the end of Q2, if $CRM holds above $300 and breaks its prior high, crypto market sentiment could recover and BTC may attempt to move back up toward $72,000; otherwise, a cooling of the AI narrative will trigger a 30% pullback in altcoins. What’s your take on how a turning point in AI capex will actually impact liquidity in the crypto market?