According to relevant information, some mining machines have already reached the shutdown price. Of course, high-performance mining machines are still far from that point, with their shutdown price around $40,000 to $50,000. Low-performance mining machines have a shutdown price of about $60,000 to $70,000. They are basically at that level now; whether to shut down or not depends on how the prices move next. Since the price is approaching the shutdown level, it is normal for many institutions' holdings to turn into losses. However, institutions generally do not sell off immediately when they incur losses; they mostly operate on a cycle basis. Their losses are also a test for the market because, in the future, new entrants will be more cautious.