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📅 July 3, 7:00 – July 9,
Zhao Changpeng: Only a few strong coins can dominate the historical highest price.
Gate News bot news, the former Chinese richest man Zhao Changpeng (CZ) provided advice to investors on how to reach the next historical high point (ATH), assessing which Crypto Assets have long-term durability and growth potential, and identifying which Crypto Assets have enough resilience to withstand Fluctuation and ultimately set new highs.
On June 22, he stated on social media platform X that market participants should view the current price levels with a long-term perspective. He emphasized, "Please remember, by definition, everything before the next historical peak (ATH) is a trough."
"The obvious question is, will there be a next historical high? Only a few strong Crypto Assets can achieve this. We need to look at long-term durability and rise potential," Zhao Changpeng added.
Despite the sluggish market, Zhao Changpeng's remarks indicate that investors should distinguish between speculative tokens and fundamentally sound projects capable of long-term growth. This distinction may imply that market consolidation will benefit resilient assets while eliminating vulnerable projects that cannot adapt or scale.
Zhao Changpeng often provides advice on X, encouraging investors to engage in self-learning. In May of this year, he wrote that the difficulties in holding investments often stem from a limited understanding of technology, finance, and global markets. He also added that buying Bitcoin solely based on others' recommendations can lead to a lack of confidence during market downturns, and advised investors to read more books to solidify their knowledge.