Zhang Bing Zhao, known as 'CZ', the founder and former CEO of the Binance platform, sent a direct message to Bitcoin investors who sell out of panic during downturns, emphasizing that this behavior often results from a lack of deep understanding of the technology behind Bitcoin and finance and financial markets. With the price of Bitcoin rising to $103,800, 'CZ' stressed through his account on the X platform that true confidence in holding Bitcoin does not come from following recommendations, but from self-education and understanding the fundamentals. He noted that reading and learning enhance the investor's ability to hold onto the digital asset during times of volatility, adding: