F2Pool Co-founder Wang Chun: ETH Once Rebounded from $1,386 to $4,956 in 4 Months, Investors Should Not Be Swayed by Short-Term Panic

According to Odaily, F2Pool co-founder Wang Chun posted on the X platform in response to recent crypto market cycle fluctuations, stating that Ethereum once fell to $1,386 in April 2025 but rebounded to $4,956 just four months later. He emphasized that the market is cyclical and investors should not be swayed by short-term panic.

Previously, Wang Chun also pointed out that the Proof-of-Work (PoW) mechanism is Bitcoin's "constitution," and the mining mechanism and the core role of miners in Bitcoin network governance should be respected. Without miner support, it would have been difficult to activate Segregated Witness (SegWit) and implement the Lightning Network. Miners are a crucial force in maintaining Bitcoin network security and stability, having played key roles in multiple controversial events, including the hashrate competition surrounding Bitmain, Roger Ver's related forking stance, the Satoshi Nakamoto identity controversy sparked by Craig Wright, and the BIP-110 proposal viewed by some in the community as a farce.