The market sentiment in the Neocloud sector is undergoing significant recovery, primarily due to the rising rental costs of the first generation H100 graphics cards. In fact, considering the widespread shortage of optical modules, power supplies, and storage devices, it is an inevitable trend for cloud computing providers to raise prices, a prediction I had made earlier. Looking back at November, crwv had already clearly disclosed at the UBS Technology Conference that all current contracts signed are for take-or-pay agreements lasting 5 to 6 years. This should reflect a favorable situation of severe supply-demand imbalance, but unfortunately, the market was heavily pessimistic at that time, and investors even priced in extreme expectations of crwv's impending bankruptcy. In terms of personal operations, when the stock price was in the range of 95 to 100, I did significantly reduce my holdings, but for my position in iren, I have not made any reductions yet.