In the 'CEO Connect: May Edition' Twitter Spaces event, Binance CEO Richard Teng shared his views on whether an altcoin season is approaching. He pointed out that Bitcoin's current strong performance and market stability are laying a foundation of confidence for the overall crypto market. However, when the altcoin season will arrive remains uncertain. 'The market's confidence in Bitcoin may gradually transmit to other tokens, but the market forces are difficult to predict accurately,' Richard Teng stated.

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