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"Crypto bull" Tom Lee stated that on October 10, an abnormality in the cryptocurrency market triggered automatic liquidations, resulting in 2 million accounts being liquidated. After market makers suffered heavy losses, they reduced their balance sheets, leading to a vicious cycle of liquidity drying up.

U.S. Treasury Secretary Janet Yellen made a surprise appearance at a bitcoin-themed bar in Washington, an act regarded by the cryptocurrency community as a clear signal of support from the federal government.

What doesn’t kill it makes it legendary: How Solana was reborn from the ashes of FTX and is now attempting to take over global finance.

There is a fierce debate between bullish and bearish views on ZEC.

Four major outages in 18 months—why is the centralization dilemma so hard to resolve?

Only about 20% of participants managed to avoid losing more than 90%.

If AI leads humanity into an extinction crisis, it will be humanity's fault, not the machines'. If superintelligence emerges, why would humanity allow itself to be taken over? Where are collective responsibility, governance, and regulation? "Spatial intelligence" may fundamentally change the way we understand the world.

The various anomalies in this cycle—including waning sentiment, weakening returns, disrupted rhythms, and institutional dominance—have indeed led the market to intuitively feel that the familiar four-year cycle is no longer effective.

Jensen Huang has rarely admitted that Nvidia is now facing an unsolvable dilemma: if its performance is outstanding, it will be accused of fueling the AI bubble; if its performance disappoints, it will be seen as evidence that the bubble has burst.

Narratives and sentiment can create myths, but fundamentals determine how far those myths can go.