Sun Yuchen's Huobi was hacked, and the hackers taunted Sun to call them daddy, even threatening to teach him a lesson. The most outrageous part is that they want to bankrupt him. Meanwhile, the $TRX that Sun sold is plummeting nonstop with no signs of a rebound. Everyone's guessing if it will drop to 0.1🤣

8.26 Tonight's data is negative, US tech AI stocks will fall at the open, Bitcoin and Ethereum won't do well either. Tomorrow's update predicts that Fed Chair Powell's hawkish speech on Friday could really lead the market to a rate hike!

8.26#BTC breaks through $80,000, can it hold the new threshold? PCE data will be released tonight at 8:30. US stocks and AI may briefly take off, with the probability of positive impact greater than negative. The key is the Labor Statistics Director, who is a person favored by the president. Patiently wait for the data release at 8:30!

8.25# Jackson Hole is approaching, can Wash clarify the policy path? Important news in the next two days! Tonight, Wednesday at 8:30 PM, PCE data will be released, which concerns US stock AI technology. When the data is published, the key question is whether the data will positively impact US stock AI tonight. The day after tomorrow, Friday, at the global central bank annual meeting, Wash will speak, the most important focus of the month! Wash's speech concerns solving the US debt issue; if the US debt is resolved, it will be positive for tech AI; if not resolved, it will continue to favor Bitcoin and gold!

8.23 #ETH fluctuated after reaching $2500 $BTC short at 76700, take profit at 74200 $ETH short at 2408, take profit at 2330 The small rebound is weak, institutions are unloading Just keep bearish, a lot of people are trapped on the upside

8.22# US PMI hits a four-year high, September rate hike disagreements intensify Analyzing Gao Zhikai's current prediction of a financial tsunami and the true extent of the US AI bubble! According to the latest data from August 2026, the US AI industry is already showing signs of a structural bubble, with some indicators even surpassing the peak of the 2000 internet bubble. 1. Valuations severely detached from fundamentals: The S&P 500 Shiller cyclically adjusted P/E ratio stands at 42.7x, only 1.3 points below the 2000 internet bubble peak. The total market value of the seven major US AI tech giants is $20.72 trillion, accounting for 36% of the S&P 500's total market cap, with market concentration reaching a 30-year record. 2. Input-output completely unbalanced: The five major US tech giants have cumulatively invested $560 billion in AI, but actual AI business revenue is only about $35 billion. For every $16 invested, only $1 is earned back. Leading cloud providers' capital expenditure in 2026 is expected to reach $725 billion, partly relying on debt financing. The industry's financing gap may reach $700-800 billion. 3. Localized bubbles have already burst first: In July 2026, the US AI stock sector suddenly crashed, with giants like Google, Amazon, and Nvidia seeing significant market value evaporation. At the same time, prices for large AI models dropped nearly 25% within a month, and many pure AI concept companies' stock prices have retraced 90% from their highs. The "narrative without performance" bubble has begun to clear out.

August 21 news: 1. The US SEC Chair announces new regulations for crypto asset supervision; 2. CFTC Chair: Will use existing powers to establish crypto asset market regulation; 3. Rostin Behnam: Crypto Regulation without Clarity Act lacks clear regulatory boundaries; 4. CFTC Chair Selig: If the clarity bill does not pass, a crypto market structure will be established; 5. US CFTC Chair states the Bitcoin Clarity Act will be submitted to President Trump for signing; 6. CFTC considers rules allowing crypto exchanges to offer leverage and margin trading; 7. CFTC plans to advance crypto rules despite the CLARITY Act not passing; 8. USDT disappears from regulated platforms in Europe, global demand remains strong; 9. CFTC Chair: Whether the bill passes or not, the crypto market structure framework will be introduced, still to be verified; 10. SEC suspends crypto innovation exemptions, awaiting vote on September 15.

Is Bitcoin crazy? It surged 10,000 points in two days, and this kind of situation last happened last year 🥲