ChainCatcher news, trader Eugene Ng Ah Sio stated on social media that the drop of GOAT is a good buying opportunity for him, and he has already bought GOAT.Eugene mentioned that GOAT and GNON will be key positions for long-term trends in the future."If I'm wrong, then I am your exit liquidity."

ChainCatcher message, crypto analyst PlanB expressed his views on the X platform, stating that "60,000 dollars is the new 10,000 dollars," implying that Bitcoin's current price behavior in the 60,000 dollar range may replicate its previous pattern in the 10,000 dollar range.The long-term chart of Bitcoin's realized price shared by PlanB shows that between 2018 and 2020, Bitcoin experienced long-term fluctuations in the 10,000 dollar range. Currently, Bitcoin's price exhibits similar characteristics in the 60,000 dollar range. This similarity may indicate that Bitcoin is about to enter a new significant upward trend, akin to the previous breakout from 10,000 to 60,000 dollars. PlanB emphasized that Bitcoin's price breakout is "just a matter of time."

ChainCatcher news, Binance CEO Richard Teng stated that the recent sharp decline in cryptocurrency and stock prices is influenced by macroeconomic factors. "We believe this does not represent a long-term negative trend."Due to the potential interest rate cuts by the Federal Reserve and geopolitical turmoil, the likelihood of market volatility remains high.