Crypto Market Chaos and Resilience

Crypto influencer Quinten Francois highlighted Bitcoin’s historic cycles of severe corrections, with declines up to 50%, before it climbs back. This cycle showcases pain, disbelief, and new highs—repeat.

Francois articulated this before the recent chaos when Bitcoin fluctuated by 40% in just two days, highlighting the severity of market pain as a multi-trillion dollar asset.

With billions lost in perpetual futures liquidations, the volatility peaked as Bitcoin’s price fell to $73,000, surged to $95,000, and then declined to $84,000 the following day, understandably changing market sentiment.

Changpeng Zhao’s Perspective

Amid the turmoil, former Binance CEO Changpeng Zhao (CZ) maintained a straightforward message filled with humor and hope. He remarked on the ambiguity of the latest price actions, concluding, “We are still here. And WAGMI.”

> Depending on perspective, not sure if this is good or bad “news”. Are we done? 😭🤣
> We are still here. And WAGMI. https://t.co/H25V2IIjYR
> — CZ 🔶 BNB (@cz_binance) March 4, 2025

For the crypto community, WAGMI signifies a mindset of perseverance, reminding participants that the market has endured worse and emerged stronger. Historic volatility is familiar ground for seasoned investors, underscoring the need for patience and resilience as the market settles after this latest shake-up. The pivotal question remains: what will happen next?