The market is still the same today, with BTC fluctuating between 90k-92k, and the AI sector has been dampened by the disappointing earnings expectations from Hon Hai. The entire tech sector seems a bit sluggish, and crypto is taking a breather along with it.

This round of AI narrative has been running wild from the first half of the year until now, and it indeed seems to be getting a bit weary—everyone is chasing agents, reasoning, and infrastructure to aggressively increase their positions, but the actual implementation speed cannot keep up with the enthusiasm of the funds, so the market naturally needs to adjust and digest.

There seems to be some new movement in the prediction market; Coinbase is reportedly going to launch Kalshi-driven event contracts soon, officially bringing the prediction market into mainstream CEX. The prediction market combined with reliable data sources has always been the next essential scenario for DeFi. If we add some privacy oracles or truth verification layers, there might be more downstream play options.

It's the weekend, so don't keep staring at the market; go out and get some fresh air. Market rotations will always come; just be patient and wait. #美联储降息