Deep Tide TechFlow News, May 18th, Liquid Capital founder JackYi (@Jackyi_ld) stated that this round of rebound has basically ended, and the current market may be entering the most panic phase, with investors who bought BTC at high levels facing the final round of major cleansing. He pointed out that the cryptocurrency industry is currently facing five major crises: declining interest among young people, traditional funds mainly flowing into the AI sector, crypto narratives continuously being disproven, celebrities entering to make quick profits and then leaving, and industry leaders lacking innovation and development. On the macro level, the risk of a pullback in the US stock market, oil price disturbances affecting inflation expectations, and a significant rebound in US bond yields all constitute potential bearish factors.