Bitcoin Cycles Persist: Binance Co-Founder He Yi on Repeated ‘Crypto Market Is Over’ Claims Across Price Drops

In a commentary published by COINOTAG News, Binance co‑founder He Yi argues that the crypto market repeatedly endures dramatic drawdowns while detractors claim it is over. She recalls episodes when Bitcoin fell from $1,000 to $200, from $20,000 to $3,000, and even from $60,000 to $17,000, yet the market endured. Her conclusion: sentiment often overshoots, so investors should DYOR (Do Your Own Research) before acting, a reminder to anchor decisions in fundamentals.

Today, Bitcoin has retreated from the $120,000 level toward the $100,000 zone, renewing questions about the cycle’s durability. As in prior cycles, some participants exit, while others stay focused on risk management and disciplined capital allocation.

History may not repeat, but it rhymes, He Yi notes, urging market participants to maintain perspective, stay disciplined, and rely on credible risk controls to weather cyclical volatility.