Binance's Yi He: Market will rise again once FUD subsides

Binance co-CEO Yi He stated on X that widespread FUD (fear, uncertainty, and doubt) across the cryptocurrency market has dampened investor sentiment. According to Yi He, FUD deters new entrants, prompts existing participants to take profits amid uncertainty, and causes even financially independent early investors (OGs) to grow skeptical and consider leaving the industry due to rampant FUD and AI-based attacks. She added that this trend is a key reason the CoinMarketCap (CMC) Fear & Greed Index has fallen to a level between five and 10, concluding that the market will rise again once the FUD subsides.

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