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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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He Yi: It is obvious that the current percentage calculation is not at the bottom, but the underlying logic of the industry is changing.
On November 6, CEX co-founder He Yi responded to community users' questions about whether he is certain that it is not a Bear Market: “Of course I'm not certain, but it doesn't affect my long-term confidence in the industry. If calculated according to historical percentages, it is obviously not the bottom now; but the underlying logic of the industry has changed, and the fluctuation paradigm of the industry will also change. History does not repeat itself, but it rhymes.” Yesterday, He Yi stated that when Bitcoin fell from $1000 to $200, some said the crypto world had ended. When Bitcoin fell from $20000 to $3000, some said the crypto world had ended. When Bitcoin fell from $60000 to $17000, there were still people saying the crypto world had ended. Today, Bitcoin just fell from the $120000 to $100000 range, and again there are voices claiming the crypto world is about to end. In every cycle, there are those who lose heart and exit the market, and in every cycle, there are those who remain calm and composed. History does not repeat itself, but it rhymes. DYOR.