I believe the short-term bottom of this round has already formed. After Bitcoin fell to $60,000, it rebounded by more than 12% in a single day, creating the largest single-day increase in this bull and bear cycle. Furthermore, during this decline, Yi Lihua has almost liquidated all of his Ethereum, completely giving back all previous profits, and he has also lost more than 300 million dollars.
Additionally, the fear and greed index has fallen to 6, the last time it reached such a low value was on June 18, 2022. While the market may still drop to lower points, based on the last bull market, we are already near a major bottom.
Recently, Binance has been attacked by hired trolls from other exchanges, but the facts prove that Binance is still NO.1 in the crypto space, and CZ always gives us the greatest confidence during the most panicked moments in the market.
@CZ Recently, I've been seeing CZ posting videos and pictures about skiing on X. I want to say that it's not easy to still love a sport like skiing at the age of old Deng, but considering the age, don't overdo it and take care of yourself. Keep it up!
