According to Golden Finance, Binance CEO Richard Teng published an article saying that recent market volatility should be regarded as a "tactical drawdown" rather than a structural recession in the crypto market. He stressed that the crypto market has experienced macroeconomic shocks and rebounded strongly many times in history. For example, Bitcoin briefly fell below $20,000 due to the Fed's interest rate hike, but it rebounded rapidly as the market stabilized. Teng pointed out that institutional investor interest is still rising, ETF funds continue to flow in, and Binance is also growing steadily. He believes that the Fed's temporary interest rate cut is a key factor in recent market adjustments. Although the possibility of interest rate cuts in March is reduced, future policies will still depend on inflation and employment data. He said that market pullbacks are often an opportunity for veteran investors to plan for the next up cycle, and crypto markets have become part of the global financial system and have proven their resilience to cope with macroeconomic volatility.