TechFlow news, on November 6, a community user questioned Binance co-founder He Yi's statement "In every cycle, some people lose heart and exit the market, while others remain calm and composed," pointing out "The example given was from a bear market low—why are you so certain that we're not in a bear market now?" In response, He Yi stated she is not certain that a bear market won't happen now, but this does not affect her long-term confidence in the industry. If calculated based on historical percentages, it's clearly not the bottom; however, the industry's underlying logic has changed, and so will its volatility pattern. History doesn't repeat itself, but it rhymes.
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