Recently, it is a strong cycle for chip semiconductors, and major Japanese and Korean manufacturers have started an arms race. With the rebound in exports, KRW and TWD are likely to strengthen, which is likely to be good for crypto assets.

AI requires a lot of computing power, and there are probably two branches:

One is nuclear power. In the long term, pay attention to CGN or Terra Power invested by Gates.

The other branch is distributed computing, which may be linked to blockchain, but no outstanding applications have been seen so far, and it is still at the stage of speculating on white papers. If there is a breakthrough, it must fall on the public chains with the best carrying capacity.

Personally, I am not very satisfied with the experience of Ethereum L2. There is still a congestion problem from L2 to L1, and the speed is only fast on the surface. Welcome to correct me.

Fed higher for longer During this period, it is mainly institutional behavior disturbance. Generally speaking, the risk is still asymmetric, and gamma is good. It also depends on whether Ma Yilong, CZ and his people can help pull it up again.