🐃 Richard Teng (CEO Binance): Volatility is a Tactical Retreat, Not a Structural Decline
• Crypto Market is Cyclical
The crypto market reacts to macroeconomic factors just like traditional assets. Recovery is inevitable.
• Analogy to 2022
Bitcoin fell below $20,000 due to Fed rate hikes, but later recovered. The current situation is similar.
• Fundamentals Are Strengthening
Institutional interest in crypto ETFs remains high, with new applications constantly being submitted.
• Fed Temporarily Paused Rate Cuts
Policy may shift if inflation decreases or the job market weakens.
• Corrections Scare the Crowd, But Experienced Players See Opportunity
Crypto has already proven its resilience and integration into global finance.
