The Crypto market knows “a tactical decline, not a collapse,” said the CEO of Binance

Faced with the recent fall in the Crypto market, Richard Teng, CEO of Binance, displays a measured optimism. In an analysis published on February 25, he describes this drop in simple “tactical decline” and not a fundamental change in trend, recalling the historical resilience of the sector.

Richard Teng analyzes the current drop in the Crypto market

Richard Teng spoke on February 25 on the X platform concerning the current drop in the crypto market. The CEO of Binance, the largest exchange platform in the world, wanted to reassure investors by declaring: ” It is important to consider this as a tactical withdrawal, not as a reversal. Cryptocurrencies have already experienced this kind of situation and bounced even stronger. »»

This significant drop comes after the announcement of US President Donald Trump concerning the imminent 25 % customs tariff application on Canada and Mexico, in a context where Macroeconomic conditions influence the Crypto market. This news immediately caused turbulence in the financial markets, with a particularly visible impact on digital assets. Bitcoin fell under 90,000 dollars, reaching 88,700 dollars when writing this article, decreasing 3.6% over the last 24 hours.

According to Teng, this reaction is perfectly normal: ” History has shown that cryptocurrency markets react to macroeconomic changes as traditional assets, but they also bounce with remarkable resilience. He also underlines that the prudence adopted by the American federal reserve concerning rate reductions contributes to this temporary volatility.

Solid fundamentals that support a rebound

Despite the gloomy atmosphere that currently reigns on the market, Richard Teng highlights several fundamental indicators which suggest a more bright future. The index of fear and greed of criptos posted today, on February 26, a worrying score of 21 out of 100, a sign of an “extreme fear” among investors. However, this situation may not last.

“” To which we are witnessing today is a new short -term tactical decline, far from a structural decline “Insisted the CEO of Binance. “” Price movements often eclipse what is happening below the surface, but the main engines of the growth of cryptocurrencies remain firmly intact. »»

Among the positive signals, Teng mentions in particular the strong persistent demand for Crypto ETF and the many current requests for new launches in the United States. Since the departure of Gary Gensler de la Sec on January 20, American asset managers have filed ETF requests linked to assets like XRP, Cardano, Solana and Dogecoin, testifying to an increasing institutional interest.

This analysis joins that of Bernstein, a financial analysis company which maintains its ambitious forecast of $ 200,000 for bitcoin on a 12 -month horizon, considering current correction as a strategic purchase opportunity. Their analysts even believe that a price of less than $ 80,000 would be a particularly attractive entry point for investors who are considering the long term.