The biggest news today isn’t Bitcoin. It’s the global AI industry chain starting to be repriced. When the market begins to doubt the infinite growth of AI, all high-valuation assets might face a value reassessment. What’s truly worth studying isn’t how much it dropped today, but whether this crash is just short-term sentiment or a turning point in the AI industry cycle. I’m increasingly realizing that what might truly determine BTC’s next phase of movement might not be BTC itself, but AI and semiconductor chips.