#MarketPullback
🚨Sudden Drop?🚨
The tech bubble has burst 💥
The Deepseek revolution raises concerns in the US market 📉
China revolutionizes with Deepseek which surpasses anything seen before, requiring 97% less processing, created in months with 0.1% of the capital raised in 10 years by Open AI, with much less expensive hardware and a smaller team 😱🔥
Much of the bullish market of the last 2 years has been based on AI and the crypto market is no exception, just last week Trump announced Stargate, a $500 billion project, surrounded by major tech figures like Elon Musk, Meta, Google, Microsoft, Amazon who invested more than $60 billion in massive data centers in 2024 that now seem unnecessary.
The market loses confidence in the viability of these investments, US providers begin to appear overvalued, the narrative deteriorates causing a significant correction.