Zhao Changpeng stated during an interview at the main venue of the Dubai Binance Blockchain Week, "I cannot predict the future, but I can analyze history. From a historical perspective, Bitcoin has gone through a very clear four-year cycle. 2013 and 2017 were bull markets. But in reality, 2012 was a 'recovery year', which many people do not trace back to. 2016 was also a 'recovery year', and 2017 saw a significant rise. 2020 was similarly a 'recovery year', while 2021 was a bull market. Therefore, based on the current analysis, 2024 should also be a 'recovery year'. As for what will happen next year, it is unclear, but in the long run, I remain very optimistic about the entire industry."