On Friday's market, the AI story was repriced. It wasn't a full collapse; rather, high-leverage computing power was sold off, and funds moved elsewhere. The Dow closed at 52,002 points, down 0.34%. The S&P dropped 1.09% to 7,659 points. The Nasdaq fell 2.15% to 26,140 points. Over the week, the Nasdaq dropped about 4.5%, marking its worst week since June; the S&P fell nearly 2%; meanwhile, the Dow actually rose 0.7%. The VIX jumped to around 20. The tech sector fell about 3%, and communication services also showed clear weakness. Energy bucked the trend, rising over 2%, with utilities and consumer staples closing in the green. Brent crude oil rose to nearly $110, driven higher by geopolitical factors, and energy stocks followed suit. What the market is really trading is the borrowing cost behind data center expansion. CoreWeave dropped nearly 12% again on Friday, closing near $61. Semiconductors didn't stop either; Micron fell 5.6%, Intel nearly 6%. Among the seven giants, Apple edged up slightly, while most others declined. Inflation data was on the hot side, and the 10-year US Treasury yield remains around 5.1%. In this high-interest-rate environment, the story of leveraging debt to build computing power has been recalculated. The indices were dragged down by tech weight, but internal rotation is clear. The Dow's resilience is because funds haven't fully withdrawn; they've just shifted from high-valuation tech to cash-flow-positive energy and defensive sectors. The market is still asking the same question: how high can capital costs be sustained for computing power expansion? $BTC $ETH $SNDK #特斯拉发布新一代Roadster，行情走高

As of early morning Beijing time, the total global cryptocurrency market capitalization is approximately $2.785 trillion, up about 1.4% in the past 24 hours. Bitcoin accounts for about 59%, Ethereum about 10.5%. Regarding the Fear and Greed Index, alternative.me reports 53 (neutral), while some other indices show around 41 (fear), indicating an overall sentiment that is neutral to cautious.  Major coin prices (around 7 AM Beijing time, based on aggregated data from CoinGecko and others) • Bitcoin (BTC): approximately $81,697, +0.8% in 24 hours • Ethereum (ETH): approximately $2,389, +0.6% in 24 hours • Solana (SOL): approximately $103.74, +1.5% in 24 hours • BNB: approximately $719, +0.9% in 24 hours • XRP: approximately $1.30, +1.1% in 24 hours • Dogecoin (DOGE): approximately $0.079, +1.0% in 24 hours Monero (XMR) is relatively strong, up about 5.6% in the past 24 hours; Zcash (ZEC) and Hyperliquid (HYPE) remain stable.  Overnight highlights After the U.S. stock market close and into the Asian morning session, the market overall continued a mild recovery, with major coins rising slightly and no sharp fluctuations. Spot Bitcoin and Ethereum ETFs have recorded continuous net outflows over the past week (weekly scale in the hundreds of millions of dollars,