Hello everyone! I am Ahan from the direction community. Today I will introduce to you the AI sector.In recent days, the price of Bitcoin has been trading sideways in the high area of 66,000, while Ethereum has led a round of catch-up gains for altcoins.In a notable development, BlackRock’s Bitcoin exchange-traded fund (ETF), known as IBIT, made a historic increase in holdings on March 5, purchasing 12,600 Bitcoins for a total value of More than 778 million US dollars, breaking the record of IBIT's single-day holding increase.Ahan personally believes that the current stage is still the early stage of the bull market. Although investor participation is gradually increasing, some key events, such as the Bitcoin halving, the US election, and changes in monetary policy, have not yet officially kicked off. This situation is quite similar to the period in 2020 when the price of Bitcoin reached $19,000, which means that there are multiple positive factors that may further push up the value of Bitcoin in the future.For this bull market led by Bitcoin ETFs, the price of Bitcoin may rise more than many people expect. Holding the spot, waiting patiently, and not rushing out of the market may reap huge rewards.Let’s continue talking about the AI ecosystem. Today, as the flow of capital tends to the artificial intelligence (AI) field, WLD’s stock price soared by more than 20%, while AGIX and ARKM both rose by more than 30%, and even RNDR related to the AI field It also achieved a growth of over 40%. The entire AI sector has shown impressive momentum.The projects of WLD, ARKM, and RNDR have always been the focus of our core layout. This round of market conditions has once again brought considerable benefits to our friends.2023 is known as the beginning year of AI, and 2024 to 2025 is expected to be a period of large-scale explosion of AI products. OpenAI and other institutions still have a lot of good news yet to be announced.I would like to remind everyone that if you have not entered the market yet, now is a good opportunity to take advantage of the market correction to intervene in WLD, ARKM and other projects in batches. Once you buy, you should hold on to it and don't sell it easily. Waiting patiently until next year may bring you unexpected surprises.Another highlight worthy of attention is the upcoming NVIDIA AI Conference on March 18. Jules Urbach, the founder of RNDR, has been invited to attend and will give a speech. Important news may be released at that time, which is undoubtedly a highlight that we need to pay special attention to.As Bitcoin set a new all-time high, its price began to consolidate in the high range, with the current price fluctuating around 66,000. Ethereum is gradually taking over the role of leader, leading a round of rise in other cryptocurrency markets.Okay, that’s it for today’s sharing. I hope it can be helpful to everyone’s investment. See you next time!
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