In this week’s Trading Take, Beimnet Abebe (Galaxy Trading) and Alex Thorn (Galaxy Research) discuss the market's reaction to the launch of the highly efficient AI model, DeepSeek-R1, and its implications for tech sector valuations and investments. They explore the broader impact on power consumption and infrastructure, while also analyzing the Federal Reserve's current policy stance. Additionally, they talk about Bitcoin's resilience amid market fluctuations and the ongoing volatility in the memecoin sector.