Powerpei

Last Friday, when Intel printed that massive daily 24% green candlestick,

I was sitting in front of the screen reviewing the fund flows from the past two weeks.

➤ This data set a 40-year record and actually released an extremely realistic signal: Wall Street's pricing logic for AI has evolved from the early days of 'just buy Nvidia' to 'buy the entire hardware supply chain.'

You can see Hong Kong stocks like SMIC and Hua Hong moving over the weekend.

Behind this, it's no longer the ethereal story of computing power.

It's the real orders from data centers that are filling up the profit sheets of these foundational hardware manufacturers.

Capital is very keenly aware that the profits that AI can actually realize at this stage are all captured in these physical infrastructures.

But if you’re getting hyped up by this all-around surge in the market and are ready to go heavy, I suggest you take a moment to calculate the numbers.

➢➢➢

We are currently stuck in an extremely extreme macro blind box period.

Microsoft, Google, and Apple, the big five, are lining up to report earnings.

In between, we also have Powell's interest rate decision clashing in.

Outside, oil prices are continually raising inflation expectations due to geopolitical tensions.

These three sets of variables overlapping could create a deadly expectation trap.

➤ Currently, the semiconductor sector's valuations have already been pushed very high.

The market's requirement for them is no longer 'passing,' but must be 'full marks and continuously exceeding expectations.'

Even if these giants have exceptionally good earnings this quarter,

as long as they show a hint of conservatism regarding future AI capital expenditures during their conference calls,

or if the Fed hints at no hope for rate cuts, profit-taking could instantly trigger a squeeze.

At this point, if a rush to cash in happens,

a 5% to 8% pullback in the Nasdaq and semiconductor sector would be very reasonable.

The trend is upward, and the logic of the hardware foundation is solid.

But in this specific week, betting on those earnings reports like a blind box has a terrible risk-reward ratio.

> My current strategy is to let go of this high-volatility window.

Let the bulls and bears gamble on the earnings data.

Once all the macro cards are laid out this week,

whether it's a breakthrough establishing new highs, or a deep pit of a pullback,

at that time, entering with confirmed signals will be much more solid than guessing the outcomes now.

#美股超话 #半导体 #市场分析

Cb, Circle and over a hundred giants

are swaggering around pressing the U.S. Senate

to hurry up and pass that CLARITY bill.

Even the White House is getting involved

to help figure out how to calculate legal stablecoin interest.

Just think about how deep the waters are behind this.

While we're worried about getting our funds out,

those Wall Street folks are already using national legislation

to create a new track for global payments with stablecoins.

They don’t see stablecoins as just a tool for us to trade meme coins.

This is the U.S. leveraging tech companies to launch "cyber dollars,"

bypassing traditional banks to seize the global payment base.

This actually reveals the cards for 2026.

No matter how good the Web3 hub policies are in Hong Kong,

the foundational rules for global capital are set on a few tables in Washington.

Once this bill is passed, crypto dollars with compliant interest

will instantly eliminate all cross-border barriers.

In the future, the U you hold will have purchasing power and liquidity

that’s definitely stronger than fiat currency sitting in a bank.

I quietly muted the group chat about cashing out

and stopped messing with safety cash-out strategies; as long as life is manageable,

I’ll honestly leave my funds on the chain to earn interest.

It’s better to think of it as saving hard currency that can take you anywhere in the world

than anything else.

Kelp DAO got hacked for $293 million

It was still that LayerZero cross-chain bridge, suspected to be North Korean hackers

The guys in the group who usually spam memes are now all sending voice messages cursing

The circulating supply evaporated by nearly 20% in an instant; this is the biggest disaster of the year

Every time I see news like this, I look up at the sign in the 4S shop that says 'Labor Fee 200 Yuan', and I feel like this world is ridiculously split

In reality, earning two hundred bucks takes forever tightening screws, while a few lines of code can make hundreds of millions vanish into thin air.

These tech folks, always bragging in meetings about 'full-chain interoperability' and 'DeFi Legos'

Now look, the Legos have collapsed

That cross-chain bridge is a death trap

It's like connecting several independent skyscrapers with a fuse

Once that Kelp building catches fire, the neighboring Aave gets panicked withdrawals instantly

Utilization shoots straight up to 100%

They even triggered a bad debt crisis. Spark over there hurriedly pulled the plug to freeze assets and save themselves

This is the financial innovation they brag about

In good times, everyone profits together, but in bad times, it’s a cascading collapse.

The fruit can't be eaten up

I'm even at the point where I don't want to wait for the car anymore; I just want to grab a taxi and get home

Pulling all the scattered USDT that's still earning fly leg interest in those multi-chain protocols back to cold storage

These days, whoever wants to earn interest can, just don’t let this ragtag crew wipe out your principal.

Bulls are getting wrecked

Haha

Momentum looks decent, let's keep riding this wave.

I've seen a ton of people in the plaza talking about this $CHIP being really bullish.

I'm gonna FOMO in and give it a shot.

I've been slacking lately.

Let's see if it pumps to 0.098.

Just now I glanced at the market and saw XRP suddenly surge by nearly 30%

To be honest, this old relic is usually as quiet as dead water

But I took a look at the on-chain data

I found that the price actually broke through the Realized Value

Looking at the order volume on Binance

This is definitely not something retail investors can cause

I guess there really are institutional big funds entering the market

I'm not too sure if this counts as the big show at the beginning of 2026

But with this dinosaur coin suddenly rising from the dead, I am still a bit scared and don't dare to chase the high easily

Did any of you catch this wave of old trees blooming today?
(I just look, not investment advice, DYOR.)

Ethena USDe shrinking this matter

Recently, it has been ridiculed quite harshly online

Everyone thought this stablecoin narrative was finally going to collapse

But today I saw their official shift towards the U.S. stock market and gold assets news

They even specifically deeply integrated with the AI sector, and I suddenly realized

This is not a desperate self-rescue

Smart money has already started to move to the next table

To be honest, my previous understanding of DeAI

Was still at the stage of Bittensor hype around computing power

Thinking that this stuff was quite far from us retail investors

But now these tech geeks are advancing at a rather ridiculous speed

Look at that newly launched ERC-8211 standard, directly embedding AI Agents into wallets

In the past, we held our private keys and stayed up late to battle with meme coins and phishing

Now identity verification and privacy computing are all handed over to the underlying infrastructure, even clicking the mouse and monitoring the market

Will all be taken over by automated AI agents

If you think about it carefully, it’s quite scary

When the future on-chain ecosystem is filled with these tireless robots

Running high-frequency strategies

The upcoming capital game

Will completely be PVP between machines

We who are still relying on manually drawing K-line charts

May not even have the qualification to serve as fuel for them

I’m not quite sure if 2026 will truly be the turning point of the next super cycle

But anyway, I have quietly shifted my focus away from those classical DeFi projects

At least I need to figure out how these AI agents actually operate

Have you tried running those smart wallets embedded with AI? What’s the experience like?
(This is purely my personal musings on recent news, not investment advice. New concepts have many pitfalls, DYOR.)

Waking up in the morning and scrolling through the chat records in the group

I saw someone posted a video of the Honor robot running a half marathon

I originally thought it was just another edited gimmick, but I ended up staring at it for quite a while

This iron lump ran out a time of 50 minutes and 26 seconds

It completely smashed the human half marathon record

The most outrageous part is that it fell once in the middle, yet it got up by itself and continued to charge forward

To be honest, watching its movements made me feel a bit scared

Previously, everyone was talking online about various AI video tools

Like connecting Sora 2, Kling 3 for one-stop generation

I also joined in the fun and ran a few workflows

We always thought AI was just a high-level typist on the computer

Or helping us create a 4k video

But now, it not only grew legs

Even the kind of liquid cooling technology in phones has been directly integrated into its joints

Following this, I went and looked through the latest industry reports

I found that the most anxious people in the circle right now

Are not worried about whether the large models are smart enough

But whether there is enough electricity

The power consumption of AI data centers is simply exploding

So much so that the current real windfall has turned into "power grid + AI infrastructure"

I don't know what you think

I'm not quite sure when these humanoid robots will be mass-produced and packed into factories or homes

Anyway, the pace of change in 2026 is too fast

AI has completely transformed from "can chat" to "an electricity-consuming giant that can run"

Compared to spending every day researching how to make AI videos more realistic with various prompts

I actually want to see the underlying infrastructure projects related to energy and computing power now

Are you still stubbornly working on AI video workflows? Or have you also started paying attention to the physical world?

Yesterday I had an argument with a friend who works in AI at a big company.

He believes that the crypto circle is just using DeAI as an excuse to issue tokens.

But today I carefully looked at an internal study from the Chinese University of Hong Kong Business School.

I suddenly realized that he might be mistaken about one thing.

People often think that Web3 is about creating a decentralized ChatGPT.

Actually, it's not at all. Blockchain now seems more like a "lie detector" for AI.

You must have encountered situations where big models speak nonsense seriously, right?

I used to think that using this thing in finance was too risky.

But the current approach is to directly use zero-knowledge proofs to verify AI's outputs.

As long as it’s on the chain, it cannot fabricate (hallucinate) out of thin air.

And then there’s the issue of computing power monopoly.

Running large models is really too expensive now.

But I’ve recently noticed several computing power networks that directly combine idle graphics cards from individual users to run inference, which costs much less than buying cloud services.

To be honest, I’m not sure if these grassroots decentralized networks can ultimately take down those tech giants.

After all, their financial barriers are too high.

But at least for now, there are already a bunch of AI agents on the chain executing transactions by themselves.

Compared to manually monitoring and getting hit from both sides, I actually prefer to believe in this future where machine agents can compete on their own.

I just don’t know, do you guys really dare to authorize your wallets directly to the AI on the chain now?
(There are definitely a lot of pitfalls in early new tracks, this is not investment advice. I only dare to invest a little money for testing.)

This morning I came across WLFI's latest governance proposal.

To be honest, my first reaction was: are these people being pushed to the limit by the current harsh environment?

Because the lock-up plan they proposed this time is somewhat unconventional.

——

I reviewed the core data.

They plan to relock 62.2 billion tokens.

The key point is the 45.2 billion chips targeted at the team and institutions.

➢ The proposal is very blunt: if you agree to the new terms, you will directly add a 2-year cliff lock-up and a 3-year linear release.

The cost is that you must forcibly burn 10% of the tokens in your possession.

At the upper limit, you would have to burn a maximum of 4.52 billion WLFI.
At the upper limit, you would have to burn a maximum of 4.52 billion WLFI.

Interestingly, the chips of early supporters (17 billion) are also locked for 2 years, but do not need to be destroyed and are fully retained.

The scripts we have seen before are mostly where teams secretly leave backdoors, and retail investors stubbornly hold on.

This time it’s just the opposite, the team is directly sacrificing themselves.

——

It seems that the posture is indeed quite strong.

But I have always felt that relying solely on lock-up and destruction cannot support the fundamentals.

This can at most be considered a defensive move.

So I cross-verified their recent ecological data.

The USD1 stablecoin now has a market value of about 4.2 billion USD.

Chainlink's proof of reserves (PoR) has been connected.

The OCC bank license application is also in process.

➢ Looking at these two things together, their logic actually makes sense:

Initially relying on USD1 to seize real business liquidity from the outside,

Later relying on WLFI's heavy lock-up to forcibly suppress the selling pressure expectations in their backyard.

/

However, to be honest, the lock-up on paper is one thing,

Whether the market buys it is another thing.

At this stage of liquidity exhaustion,

There have been too many beautiful proposals that everyone has seen.

The team actively cutting losses is indeed a rare signal of 'self-rescue + alignment.'

But whether this move can bring real buying pressure, I still hold a reserved attitude.

Anyway, I personally feel that this action can serve as a passing line to assess whether old projects can traverse bull and bear markets.

As for whether to enter the market, we still need to monitor their real trading volume on multi-chain ecology for a few more months.

(Note: Purely personal on-chain data breakdown, not investment advice. The market is difficult to navigate, manage your hands well, DYOR.)

This morning, several old OGs in the group went crazy

Kelp DAO was hacked for nearly 300 million US dollars

But I focused on another set of on-chain data

The more I looked, the more I felt scared

Kelp DAO was exploited through the LayerZero cross-chain vulnerability this time

The hacker directly printed over 110,000 unbacked rsETH out of thin air

To be honest, a project being hacked at a single point is really not new in the circle

But what I truly fear is the chain reaction this time

I checked the data of the large lending protocols

Aave was directly scared into a withdrawal frenzy, with a net outflow of 6.2 billion US dollars in a day

TVL evaporated by 23% in an instant

Morpho also saw over 700 million leave

Everyone is blindly withdrawing their investments

I used to think that staking combined with cross-chain was a good business, and the capital utilization rate was indeed high

Eh, but I'm really not so sure now

This is completely like building Legos on a powder keg

As long as there is a protocol at the bottom that has a bug, the entire DeFi liquidity will be collectively punished

I don't know what 2026 will be like, whether it will really be the worst year for DeFi as the foreigners say

Anyway, I quickly withdrew part of the money from the complex nested structures, leaving only a small amount of funds inside

Did you follow the big team to withdraw coins today?
(My own principle is: the risks of DeFi nesting are uncontrollable. If you don’t understand the underlying, it’s best not to go all in; preserving the principal is the most important.)

I just came across an interesting viewpoint

"The risks of AI centralization are becoming increasingly obvious: data aging, opaque decision-making, and single points of failure"

This sounds a bit alarmist, but upon closer thought, it is indeed the case

Current AI is controlled by major companies

You ask ChatGPT a question, and it gives you an answer

But you have no idea how it came to that conclusion, or where the data originated

Has it been tampered with

What's more concerning is that this data will age, and the models will become biased, but you can't verify it

Can blockchain solve this problem?

At least someone is trying

The Bittensor (TAO) project is training AI through a decentralized approach

It's not one company controlling all the computing power, but rather distributing the training tasks across global nodes

Render focuses on decentralized GPU computing power

This means that AI is no longer a "black box" of a particular company

Instead, it transforms into an open, transparent, and verifiable system

Combined with Ant's Anvita and Hong Kong's stablecoin regulatory framework

2026 could be the year when AI + blockchain shifts from "experiment" to "mass commercialization"

But you need to pay attention to geopolitical risks and regulatory pace

Do you hold any AI-related coins? Are you ready to embrace this wave of change?

DYOR, not investment advice

Recently observed Perps DEX for several days

Found an interesting phenomenon

Most projects are focusing on low fees, high leverage, and zero slippage, which are common topics

But @StandX_Official's approach is different; they have visualized the referral network directly

Let me share my thoughts:

Go to the Points page and click on "My Network"

You can directly see how many people you have referred

These people have referred how many others, the entire network structure is clear at a glance

With the slogan "Stand together"

This wave of community operation is quite impressive

But I am more concerned about their Mainnet Campaign (Genesis Advantage).

Early users can not only get immediate DUSD real yield

But also accumulate the long-term potential of the protocol

This is no longer the kind of airdrop play where you "grab a wave and run"

Instead, it's about betting on whether the protocol can succeed

I looked at the real-time data (April 17):

➢DUSD TVL: 100 million USD
➢Holders: 235,241 holders: 235,241
➢24H Perps Vol: 437 million USD
➢OI: 145 million USD
➢DUSD yield: 2.52%

To be honest, these numbers are not particularly explosive

But the key is, their growth curve is relatively stable

I've seen too many projects where the TVL skyrockets 10 times in a week, then returns to zero in two weeks

StandX, which is slowly climbing, makes me feel more authentic

Of course, this is not a mindless recommendation

In DeFi, growth is easy, but retention is hard

This closed-loop design is interesting, but whether it can really retain users

Still depends on the early community stickiness and capital efficiency of the mainnet

My own strategy is: small-scale testing, observe the data, don’t go all in

DYOR, small-scale testing, rational participation, for reference only, not an investment advice!!

Last night before bed, I saw a message that completely woke me up.

AI and blockchain, these two things that originally had nothing to do with each other, have surprisingly started to come together.

And it’s not the kind of 'concept hype' coming together; there’s actually something running.

The term DeAI (Decentralized AI), when I first heard it six months ago,

I thought it was just a marketing term made up by some project team.

But now, looking at it, platforms like OpenClaw that are AI Agent have already started running on the chain.

The key is, the logic behind this thing is actually quite straightforward.

Think about it, today’s AI is controlled by big companies like OpenAI and Google.

You ask it a question, it gives you an answer, but you have no idea how it came up with that, where the data came from, or if it has been manipulated.

But what if AI is on the chain? All the reasoning processes, data sources, model parameters can be publicly verified.

This is no longer a 'black box', but a 'transparent box'.

I don’t know if this direction will succeed, but at least it addresses a real pain point.

On the other hand, RWA (Real World Asset Tokenization) is also expanding rapidly.

The current scale has already surpassed 27 billion dollars.

Real estate, bonds, funds, these traditional financial assets are being moved to the chain batch by batch.

I used to not really understand the significance of RWA.

After all, a house is just a house, a bond is just a bond, what’s the use of moving them to the chain?

But later I realized one thing: liquidity.

The problem with traditional assets is poor liquidity.

You buy a house, want to sell it, you have to find an agent, negotiate a price, go through processes, at least a few months.

But what if the house is tokenized?

You can trade it on the chain at any time, or even sell just a part of the ownership.

This is the core value of RWA: turning real estate into liquid assets.

Regulation is also catching up.

Stablecoin banking, L2/L3 real estate public chains, these are no longer 'experiments', but a global consensus.

From April 20-23, the Hong Kong Web3 Festival 2026 will focus on these two directions.

Big names like Vitalik and Justin Sun will be there.

I don’t know what they will say, but I know that Asia’s Web3 ecosystem might really be entering the next stage.

Which direction do you favor more? DeAI or RWA? Or do you think both are just hype?

What kind of cryptocurrency personality are you?

Come and take the test

The MBTI of cryptocurrency enthusiasts

The Moments are flooded

This morning while scrolling through posts, I originally wanted to see if there were any new local dogs to check out.

As I was scrolling, I suddenly saw a piece of news that left me stunned for several seconds.

The Hong Kong Monetary Authority has issued licenses.

It's not just a small exchange license, but a stablecoin issuance license.

On April 10, the HKMA selected 2 out of 36 applications.

One is HSBC, and the other is Anchorpoint Financial (co-created by Animoca Brands + HKT).

My first reaction was, hey, this seems a bit different.

I won't say much about HSBC, a traditional banking giant.

But the key point is that they plan to directly integrate the Hong Kong dollar stablecoin into PayMe and mobile banking in the second half of the year.

In the past, if you wanted to buy stablecoins, you had to register on an exchange, go through KYC, deposit funds, and buy coins.

Now? Open your mobile banking app, and you might be able to directly buy Hong Kong dollar stablecoins.

This is equivalent to opening a fast track for traditional finance to Web3.

The other company, Anchorpoint, is even more interesting.

They are set to start phased issuance in Q2, focusing on cross-border payments and RWA (real-world assets).

To be honest, my previous understanding of stablecoins was just as a "hedging tool."

But now it seems that Hong Kong's move is to turn stablecoins into real payment tools.

The strong alliance of traditional banks + Web3 suggests that Hong Kong's digital asset landscape might really be upgrading.

I'm not sure if this will attract a large influx of institutional funds, but one thing is certain: compliance is accelerating.

Previously, everyone said, "Hong Kong is friendly to Crypto," but that was more of a policy-level statement.

Now? Licenses have been issued, banks are entering the field, and this is real implementation.

I don't know if this is good or bad for retail investors.

But I know that this market is becoming increasingly "regulated."

Risk warning: Investment carries risk; participate rationally. This article is just a personal opinion share and does not constitute investment advice. #HongKongCryptocurrencyETF

A bunch of people in the group are drooling over $RAVE's line that has been pulled many times over

They even started shouting that the counterfeit season has come back

I took a glance at the chip distribution and was directly amused

This thing is highly controlled, with whales transferring the trading volume back and forth, just waiting for envious retail investors to rush in as fuel

Don't be fooled by the old bones like $XRP and $DOGE that also made a brief comeback today

This is not a general bullish market, it's just the existing liquidity in the market running rampant

There's really no need to gamble your life in such a high-risk situation

If you're really itching to hold that green line and feel like there's too much money burning a hole in your pocket, you might as well just transfer it directly to me.