Wu learned that BitMine Chairman Tom Lee said that crypto assets are still high-volatility assets. Currently, Bitcoin and Ethereum face multiple macro headwinds, including market expectations for Federal Reserve rate hikes, the stalled legislative process of the CLARITY Act, the AI boom diverting capital, and the impact of private credit on capital flows. However, he believes the crypto market still has several long-term tailwinds, including tokenization becoming a long-term trend, the crypto industry expected to benefit from AI development, and the ongoing progress of digital and software-based currency. At the same time, the current downturn in market sentiment may mean it is already approaching the “maximum pain” stage.