Wang Feng: I started buy the dips Bitcoin after it fell below $100,000.
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TL;DR
Wang Feng began buying Bitcoin dips after it dropped below $100,000, emphasizing stablecoins as a key 2025 focus. He stresses that real-world application and liquidity demand, not just policy or issuance, indicate crypto market health.
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Halving TokensLayer 1Bitcoinstablecoinscrypto marketWang Fengliquidity
According to Mars Finance, on November 18th, Wang Feng, founder of Linekong Interactive, stated that he had been quietly buy the dips since Bitcoin fell below $100,000, implying an endless supply of bottoms. He also stated that if we ignore externalities such as policy changes and the US stock market's performance, focusing solely on the internal workings of the crypto market, today we are more focused on stablecoins, which are expected to be a major focus in 2025. Policy approval does not guarantee market prosperity, and the scale of minting by various companies does not represent liquidity in real-world scenarios. Issuance is one thing, application is another. We should observe the performance of stablecoins in actual applications and business operations. Whether the demand for stablecoin liquidity is strong or not is the true indicator of whether the crypto market will continue to be bullish from an internal perspective. We look forward to more updates, data, and reports from the media and investment research institutions on the stablecoin market.