CZ Warns Panic Sellers When Bitcoin Surpasses 100,000 USD During Shock Price Rise

Bitcoin has surged past the $100,000 mark, igniting strong bullish momentum across the crypto market. This significant price recovery has prompted former Binance CEO Changpeng Zhao to quickly warn investors who tend to panic sell when the market falls. In a recent post on X, Zhao explained that many cryptocurrency users do not have the necessary skills to hold assets during a downturn in the market. He stated that those who are speculative buyers or recommendations will panic when prices fall as they try to sell off in a panic. The price recovery of Bitcoin has been very strong and sudden. Since falling to the support level of 74,434 dollars on April 7, this asset has now risen to 103,661 dollars, an increase of 40 percent. This impressive bullish run has been a boost for many traders who are anticipating a strong correction, rewarding long-term holders who have been patient throughout the recent downturn. Trust and Education are Very Important for Crypto Investors Zhao emphasized that this holding mentality is related to trust and understanding. He pointed out that without proper knowledge of blockchain technology, market behavior, and financial systems, users are more likely to make emotional decisions that could harm their investments. The latest price movement focuses on the divide between knowledgeable and unknowledgeable investors. Those who remain calm and maintain their positions are currently in profit, and many who sold at the bottom have missed the recovery. Analysts believe that Bitcoin rising above $100,000 indicates a revival of investor confidence and shows the potential to reach an all-time high. Market sentiment has once again shifted to positive; many predict there will be more gains in the coming weeks. This latest event reflects previous crypto market cycles, in which Bitcoin has also proven its resilience after significant losses. Zhao's words describe the role of market education in guiding users through periods of volatility and keeping them committed. Discussion Section Bitcoin's breakthrough above $100,000 has exposed the risks of panic selling during bear market periods. CZ's warning underscores the value of patience, education, and belief in navigating the volatile landscape of the crypto market.