#币圈的2025挑战赛我的Hold之旅 Today's 80% drop caught retail investors off guard, right? It's not because of fundamental issues such as Japanese interest rates and US interest rates. The reason lies in China. AI-Deepseek, a subsidiary of a company specializing in large-scale quantitative research, released its R1 model last Wednesday.

Many technology companies have tried it and found it surprisingly easy to use, and the cost is lower than GPT. This incident has a significant impact on AI. In the past, people's impression of AI was that it was a waste of money, and more money would be effective. GPT was originally far ahead of other AIs because of the huge amount of money it spent, but now it is being caught up by a little-known Chinese company. This is a big impact on Open Ai.

The US stock market is currently supported by Ai. Now this incident has caused a big impact on the US stock market. Because of the impact of cryptocurrency ETFs, the collapse of US stocks brought down cryptocurrencies, which led to today's decline. However, in my opinion, this incident is just a wash for big cakes in the short term. It does not affect the subsequent last round of highs. Still optimistic about the big pie $BTC