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Wang Feng: Since Bitcoin fell below $100,000, I have started to buy the dip.

On November 18, Wang Feng, the founder of Blueport Interactive, stated today that he has been quietly buying the dip since Bitcoin fell below 100,000 USD, bottom, bottom, bottom… (implying that the dip is endless). He also mentioned that if we ignore external factors like policies and the realization of the US stock market, and look solely at the internal aspects of the crypto market, today there is more focus on stablecoins, which will be prominently featured in 2025. Policy release does not equate to market prosperity, and the minting scale invested by various parties does not represent liquidity in the scene. Issuance is separate from application. More attention should be paid to observing the performance of stablecoin market investments and actual business applications. Whether there is strong liquidity demand in the stablecoin market is what truly determines whether the crypto market will continue to be bullish from an internal perspective. We look forward to more updates, data, and briefings on the stablecoin market from the media and research institutions.

BTC-4.44%
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