The BTC control rate has finally started to retrace recently, currently around 62%, but it is still in an upward trend. The last time such a significant retracement occurred was at the end of 2024. I remember it was when blockchain AI exploded, and then Trump issued coins, draining the last drop of liquidity. At present, the BTC control rate is relatively safe and has not fallen below the 60% mark. Shanzhai players are also relatively safe. If there are any large-scale coin issuances in the future that drain liquidity or fall near 60%, Shanzhai players need to be careful and quickly return to BTC.