ChainCatcher message, Chinese encryption analyst Banmu Xia stated last night, "The concerns about the AI bubble have been ongoing for some time and are approaching full pricing. The worries about Japan's interest rate hike have led to a recent stagnation in the market, also nearing full pricing. The Federal Reserve has already started to expand its balance sheet, improving liquidity. The non-farm payrolls data is not bad but not great either, which has increased the space for interest rate cuts without leading to a trading recession.

Now, it is very likely the best time to buy risk assets (Bitcoin, S&P, CSI 300) in the medium term (next 1-2 months). There may be periodic concerns about the AI bubble in the next one to two years, each time causing a partial market pullback, and every pullback is an opportunity, until the market crazily believes this time is different!"