#ALEO Bitwise: The 1011 flash crash is a flash in the pan and the bull run will continue. This summary is generated by AI. Bitwise Chief Investment Officer Matt Hougan believes that the 1011 flash crash will not have a lasting impact, mainly because market participants were not affected, Blockchain technology is sound, and professional investors have a low level of concern about the event. He points out that the long-term drivers of the market still exist, and the future bull run in Crypto Assets is likely to continue. According to a report by Golden Financial, Bitwise Chief Investment Officer Matt Hougan stated in an investment memo article released on the 15th that after the 1011 flash crash, he determined whether it was a flash in the pan or a big deal by asking three questions: 1. Did major market participants crash? The damage seems limited to individual investors. 2. How did Blockchain technology perform? Many DeFi platforms performed perfectly. 3. Were investors bombarded with emails, calls, or texts? There was no commotion; professional investors basically ignored this information. Therefore, he believes that the 1011 flash crash will not produce any lasting impact, and the long-term forces driving this market—improvements in regulation, increased allocation by institutional investors, and the growing recognition that Crypto Assets are disrupting all traditional markets—remain intact. Over time, the market will gradually regain vitality and refocus on the fundamentals of Crypto Assets. At that time, the bull run will continue.