🤭 Many fans say why I still take orders with so much money I make myself, Brother K wants to say that no one would complain about having too much money, it's better to enjoy together than to enjoy alone.

$FHE This coin focuses on Fully Homomorphic Encryption (FHE), simply put:

Data can be computed while in an "encrypted state," aiming to solve issues of privacy computing, AI reasoning, voting, and data collaboration in Web3.

The technology is cutting-edge, and the narrative is sophisticated, belonging to a typical track of AI + privacy computing + infrastructure, with strong capital backing and riding the wave of current trends.

Why am I bearish on FHE?

1. The technology is too "heavy," with a long implementation cycle.

Fully Homomorphic Encryption has always been the "crown technology" in cryptography, but the problem is:

High computational costs, low efficiency, and very slow commercialization.

2. Current valuations have already over-leveraged the narrative.

In a situation where the ecosystem, users, and real demand have not yet exploded,

the circulating market cap + FDV have already outpaced application,

what will drive further increases? It can only rely on storytelling, rather than data.

3. The field is crowded, and the moat is not stable.

Privacy computing is not solely being pursued by FHE,

ZK, TEE, and MPC are all vying for the same pie,

and FHE's "technical advantages" have not yet translated into "user barriers."

4. In the short term, it is more emotion-driven than fundamentally driven.

The recent rise is more due to the linkage of AI concepts + capital rotation,

rather than an explosion of the ecosystem or substantial improvement in on-chain data.

K has already led fans to position short in advance, with a stop-loss in place, and a significant correction has occurred on the daily chart, so hurry up and short. @实盘带单-K哥
#FHE