Today I attended a sharing session about crayfish outside, and there were nearly 100 people in attendance. The enthusiasm was comparable to crypto project sharing conferences, which shows just how hot AI is right now.

I noticed that the price of gold has plummeted. Although from a long-term perspective, gold is a hedge against inflation, the bull-bear cycles can last over a decade. So if 5000+ was the peak, you need to be prepared for deep losses lasting over ten years. But how many 10-year investment cycles does one person have in their lifetime?

That said, this situation puts pressure on crypto prices going forward. If even precious metals like gold have such brief market cycles, we should still be prepared for a bear market this year.

Just some casual thoughts for today. Have a great weekend.