The recent rebound of Bitcoin over the past few days is truly fascinating. As Mr. Yi Lihua points out, now that geopolitical concerns have temporarily settled, the price has broken through $80k as expected and is currently rising to $81.25k. When considering the next bubble in cryptocurrencies, it’s important to look at both short-term volatility and long-term trends.

His strategy is quite instructive. It involves gradually closing positions as the price rises. I believe this approach is not just about taking profits but also a tactic to read market sentiment. The idea that the bottom might not be at $60k is also intriguing. If there is indeed a correction down to around $50k, a fourfold return could be expected in the next bullish cycle.

On the other hand, attention should be paid to developments related to AI. With Hynix and Samsung’s profits exceeding 1 trillion yuan, cryptocurrency miners are shifting their focus to AI computing power. Entrepreneurs are also flowing into the AI space, and trading platforms are even starting AI-based trading. When thinking about the next bubble in cryptocurrencies, the integration with AI seems inevitable.

Long-term, Mr. Yi asserts that there is no bubble in AI. In fact, the vision that someday everyone will be consuming tokens daily, making it as essential as food and drink, is compelling. However, in the short term, the risk of black swan events always exists. Warren Buffett’s large cash reserves are likely a hedge against this uncertainty.

Where the next bubble in cryptocurrencies will head is likely to be shaped by its relationship with AI. As investors, we need to carefully allocate funds to AI-related assets while monitoring market trends.