Yilihua: AI Startup Explosion Outpaces Traditional Industries by More Than Tenfold

Odaily reports that Yilihua posted on X platform, stating that he had previously said multiple times that July to August was the last window for bottom-fishing, believing that the third wave of decline since 1011 was the final drop. However, the specific low point cannot be determined due to factors such as black swan events, citing the FTX incident that caused Bitcoin to overshoot to the downside as an example. Cycle timing and volatility patterns will not fail; once the time comes, one can buy the dip and should not expect to catch the absolute bottom. Yilihua also stated that he recently conducted research on a number of AI tech companies in Shanghai and Hangzhou, and believes that the current AI startup explosion is more than ten times faster than traditional industries, similar to the crypto industry a decade ago.