He Yi: FUD Against Binance Has Significantly Impacted Crypto Users; Market Rises When FUD Subsides

Odaily News He Yi posted, stating that for newcomers, Binance represents the entire crypto space; seeing FUD makes them hesitant to enter. For existing players, unclear situations lead them to cash out and secure profits. For OGs who are already financially free, seeing low-quality FUD and AI-generated mass attacks daily only makes them doubt themselves and consider leaving the space. This is why CMC's Crypto Fear & Greed Index has dropped to 5. When FUD subsides, that's when the market rises.