Wang Feng: I started buying the dip as soon as bitcoin fell below $100,000

BlockBeats News, November 18, Wang Feng, founder of Linekong Interactive, stated today that he has been quietly buying the dip ever since bitcoin fell below 100,000 yuan, dip after dip after dip... (implying an endless bottom-fishing).

He also mentioned that, if we ignore external factors such as policies and the liquidity of the US stock market, and focus solely on the internal dynamics of the crypto market, today he is paying more attention to stablecoins, which will be a major topic in 2025. Regulatory approval does not necessarily mean market prosperity, and the scale of minting by various parties does not represent liquidity in actual scenarios. Issuance is one thing, application is another. More attention should be paid to the performance of stablecoin market adoption and actual business use. Whether there is strong demand for stablecoin market liquidity is the real indicator that determines whether the crypto market will continue to be bullish from an internal perspective. He looks forward to seeing more updates, data, and briefings on the stablecoin market from media and research institutions.