#ChangpengZhao (CZ), the founder of Binance, tweeted:
"Depending on the perspective, it's not certain whether this is 'good' or 'bad' news. Are we done? We're still here. And WAGMI."
The abbreviation “WAGMI” means “We Are All Gonna Make It,” a phrase often used in the cryptocurrency community to express optimism and a spirit of solidarity.
CZ's message seems to reflect the resilience of the cryptocurrency community amid market fluctuations, suggesting that despite the challenges, the community remains steadfast and optimistic about the future.
Whether this is considered good or bad news depends on each individual's perspective. Some may view this as a reaffirmation of the community's strength, while others may see it as a reminder of the inherent volatility in the cryptocurrency market.