U.S. stocks hit new highs, but the crypto market has cooled off? Funds are quietly switching tracks

Recently, an interesting phenomenon has appeared in the market.
U.S. stocks are continuously reaching new highs.
The crypto market, however, has noticeably cooled down.
Why?
Because capital always pursues efficiency.
As AI giants keep delivering impressive results,
Some funds naturally tend to flow into more certain directions.
This does not mean the crypto market has lost its opportunities.
Instead, funds are beginning to rotate phase by phase.
Such situations are not uncommon in history.
Sometimes stocks lead the rally.
Sometimes digital assets lead the rally.
Ultimately, the direction is still determined by liquidity.
Therefore, the most worth paying attention to now is not who is rising or falling,
but who is attracting new funds. #TON原生代币更名为Gram