Recently, the crypto market has ignited directly 🔥 $BTC Bitcoin has surged all the way, with a weekly increase of nearly 25%, and the price is approaching the $79,000 mark. Not only Bitcoin, but many small and mid-cap coins that were previously thought to be fading away have also seen a retaliatory rebound. Citibank has also reviewed this wave of market activity, and it believes: This is not simply a speculative frenzy, but an asset repricing driven by multiple factors resonating together. 📉 Macro: Weakening US Treasuries, cooling US dollar The trigger for the market came from the US Treasury market. Long-term bonds strengthened, and the US dollar index continued to weaken. The attractiveness of the US dollar declined, and funds began flowing into commodities and digital assets, directly driving Bitcoin's price upward. 📜 Policy: Regulatory expectations materialize, eliminating uncertainty Policy signals are another major driving force. The market expects the US Congress to soon introduce digital asset-related regulatory legislation. Once the regulatory framework becomes clear, the uncertainty hanging over the market will significantly decrease, and a large amount of cautious capital will choose to enter. 🧩 Micro: Bear market completes major chip turnover Besides macro benefits, changes in chip structure are also key. During the nearly one-year bear market, many retail investors sold chips at low prices. Many "old coins" held by retail investors were gradually taken over by institutions and professional funds. Chips concentrated from ordinary retail investors to institutions, accumulating upward momentum, which led to this explosive rally. $ETH $SOL #BTC加速拉升，资金还能继续接力吗？ #Anthropic plans to publicly file IPO documents by the end of August, fundraising may match SpaceX #

The entire network is digging into the $SKHYNIX Hynix CPO roadmap supply chain! Compiled key clues from across the web, purely personal market speculation, not investment advice✅ Currently, it can basically be confirmed: SK Hynix is focusing on evaluating two major photonic interconnect companies, Ayar Labs & Celestial AI🌐 And after the first generation of microLED products are launched, they will conduct in-depth evaluations of the technologies from both companies. Both parties have long been strategically aligned with SK Hynix's track! 🔍Core solid clues ▫️Ayar Labs is listed on SK Hynix's official website, focusing on core photonic-memory link technology. SK Hynix's Nature paper heavily cites their technology. The related paper's author is the co-founder of Ayar, and the core Taiji optical I/O chip is highly adapted to AI computing scenarios. ▫️Celestial AI also appears on SK Hynix's authoritative reference list. Key linkage point: Marvell is collaborating with SK Hynix to customize memory solutions, and Marvell is Celestial's parent company! The binding relationship is maximized directly. 📈Potential upstream beneficiaries ▪️$SIVE: Currently the most logical! Very likely to supply both Ayar + Celestial simultaneously, serving as a core upstream supplier. ▪️POET: A popular packaging IP/interposer layer target in the market, but Marvell owns mature silicon photonics technology and is very likely to vertically integrate within the year, weakening POET's prospects. ▪️AMS Osram: Publicly