$Circle(CRCL.US) In the pre-market today, the semiconductor and AI sectors continued their sharp decline, with risk appetite across the entire market dropping rapidly. Circle, as a growth stock and also a crypto concept stock, was collectively sold off. As an asset within this sector, it was dragged down by liquidity stampedes, hitting new lows on top of previous levels, which actually excites me more! I can buy a high-quality company with great future potential at a cheaper price. As long as Circle's narrative logic and behavioral patterns exist, its moat remains intact.