Focus: Pullback analysis and He Yi CZ's contribution to the industry

1. Pullback analysis:

Bitcoin pulled back about 55% during the intermission period (519) of the 21-year bull market. The pullback time is 2 months, from mid-May to June 21, and then bottomed out again in mid-July. The pullback of this wave of market in 2024 is about 20%, and the pullback time is less than 28 days.

In terms of time, the current pullback time is not long enough, but in terms of magnitude, I think it is difficult for Bitcoin to break a new low. The first half of the last bull market had a large increase, so the pullback was also deep. This round of increase is relatively small, and the pullback is also relatively small. It just takes time to end the pullback, and you need to wait patiently.

2. He Yi CZ's contribution to the industry:

He Yi and CZ have experienced a decade of great changes in the industry. As pioneers of Binance, they have never retreated because of the rapid flow of the river. The reason why Binance has reached today's scale and influence is not only because of making money, but because of the role they play in the industry.

The reason why the crypto industry has developed so rapidly is due to He Yi and CZ. After years of hard work in the market competition, Binance is not only the first in the industry in terms of spot trading, but also has the first influence in the industry. In addition, Binance has also set an example in the industry in terms of public welfare and charity.

From 2017 to now, Binance has achieved many first achievements, which are inseparable from the hard work and efforts of He Yi and CZ. They have played a huge role in rounds of bull and bear cycles and attracted many users. The success of Binance is not only a personal success, but also the result of the development of the entire industry.

I hope that Binance and other Chinese exchanges that are actively developing in the industry will get better and better. I personally conduct most of my spot transactions on Binance and have never left. Binance is very strong in its ability to serve and solve problems. Thanks to the hard work of sisibinance, yayabinance, yingbinance and others.

I hope CZ can return soon and overcome the difficulties in front of us, because we need his presence. Binance's success is the result of joint efforts, and we hope to change ourselves through this industry. We look forward to Binance to enhance the height and width of the entire industry, and we also hope that other actively developing Chinese exchanges will get better and better.#大盘走势 #比特币减半 #新币挖矿 $BTC $ETH $BNB