Wang Feng: Since Bitcoin fell below $100,000, I have started to buy the dip.

BlockBeats news, on November 18, Wang Feng, the founder of Blueport Interactive, stated today that he has been quietly buying the dip since Bitcoin fell below $100,000, bottom, bottom, bottom… (implying that he can't stop buying the dip). He also mentioned that if we disregard policies and the external factors of the US stock market, and look solely at the internal aspects of the crypto market, today he is more focused on stablecoins, which will be prominently featured in 2025. The release of policies does not mean market prosperity, and the scale of minting invested by various companies does not represent liquidity in practical scenarios. Issuance is issuance, and applications are applications. We should pay more attention to the performance of stablecoin market investments in applications and actual business. Whether the liquidity demand in the stablecoin market is strong or not is what truly determines the direction of whether the crypto market will continue to be bullish in the next phase from an internal perspective. We look forward to more media and research institutions releasing dynamics, data, and briefings on the stablecoin market.