TechFlow News, June 2nd: JackYi stated that the current crypto market downturn has exceeded expectations, with the primary bearish factor being equity markets diverting capital. In his view, compared to the AI sector—which offers greater growth potential and stronger fundamental support—crypto assets, which rely heavily on narrative-driven momentum, have clearly diminished in appeal.
JackYi expects the crypto market to continue its downward adjustment and volatile consolidation over the coming months until positions are sufficiently rotated and the majority of participants exit the market. He also noted that, for now, attention can be focused on learning, investing in AI, and gradually implementing a crypto asset bottom-fishing strategy.
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