Binance CEO He Yi: "The market will rise again once the FUD calms down."

Binance Co-CEO Yi He diagnosed through X that the FUD (fear, uncertainty, and doubt) that has spread throughout the cryptocurrency market has dampened investor sentiment. He explained, "New entrants avoid the market altogether when they encounter FUD, existing participants try to take profits due to uncertainty, and even early-stage investors (OG) who have already achieved financial freedom are skeptical of indiscriminate FUD and AI-based attacks and are considering exiting the industry. This trend is also the reason why the CoinMarketCap (CMC) Fear and Greed Index fell to the 5-10 level. Once FUD subsides, the market will rise again."