He Yi: The market may see an upturn when FUD subsides.

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On February 10th, Binance CEO He Yi posted an article stating, "For newcomers, Binance represents the entire crypto; seeing FUD (Fear, Uncertainty, and Doubt) makes them hesitant to enter. For existing players, those who can't see the situation clearly will take profits and run. For OGs (Original Experts), who are already financially independent, seeing the brainwashing FUD and AI attacks every day only makes them doubt themselves and want to quit the crypto world. This is why CMC's crypto fear index has dropped to 5. When FUD subsides, that's when the market will rise."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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