Phase One: In every cycle, there are always people who leave the market disheartened; history may not repeat itself, but it often rhymes.

By: theblockbeats.news|2025/11/05 13:45:52

0

Share

copy

BlockBeats News, November 5th, Binance co-founder He Yi stated in an article that when Bitcoin dropped from $1000 to $200, some people claimed that the cryptocurrency market was over. When Bitcoin dropped from $20000 to $3000, some people made the same claim. Even when Bitcoin dropped from $60000 to $17000, there were still those who said the cryptocurrency market was over.

Today, Bitcoin just dropped from $120,000 to the $100,000 range, and once again, voices claiming the end of the cryptocurrency market emerged. In every cycle, some people become disheartened and leave the market, while others remain calm and composed. History does not repeat itself, but it does rhyme. DYOR (Do Your Own Research).

-- Price

You may also like

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

Traditional exchanges are beginning to embrace stock tokenization, while BTC treasury companies continue to increase their holdings through capital market instruments. ETH treasury companies, beyond Bitcoin, are also starting to validate the "holding + earning interest" balance sheet logic.

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

Exchanging disclosure for trust, transparency is no longer a cost of the project, but a core asset for long-termists.

To the Builders who are still persevering in the crypto industry

To the Builders who are still persevering in the crypto industry

Kydo deeply reflects on the dilemmas of the cryptocurrency industry: bidding farewell to the false prosperity of "selling infrastructure to developers" and proposing a new paradigm of using programmable capital to provide growth fuel for AI Agent companies.

Oil Price Cools Off, Crypto Bounces Back

Oil Price Cools Off, Crypto Bounces Back

Why Oil and Bitcoin Prices Always Move in Opposite Directions

a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App

a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App

With the rise of video creation, Agent tools, and AI browsers, AI is evolving from a chat product into a new platform and operating environment.

If you only follow the news, you may have misconstrued this Iran conflict

If you only follow the news, you may have misconstrued this Iran conflict

With a Narrative-Driven Agenda, Western Media Falsifies War Coverage

ERC-8183: Write a Rule for a $3M On-Chain Agent Business

ERC-8183: Write a Rule for a $3M On-Chain Agent Business

Before running in the Wild West of three million dollars, today, the rules have been written

AI Mistakenly 'Tips' $260,000, Makes It All Back in 24 Hours

AI Mistakenly 'Tips' $260,000, Makes It All Back in 24 Hours

AI Awakening seems to be really happening: they have already started to learn how to earn money on their own, and their money-earning ability may even surpass that of humans.

Arthur Hayes: Why is HYPE a 5x Moonshot?

Arthur Hayes: Why is HYPE a 5x Moonshot?

Arthur Hayes' price target for HYPE in August 2026 is $150.

OpenClaw Money-Saving Strategy: Saving Two Thousand a Month - What Am I Doing Right?

OpenClaw Money-Saving Strategy: Saving Two Thousand a Month - What Am I Doing Right?

Don't Keep Replaying Old Stuff

a16z: Making a $2 Billion Bet on the Next Dawn of Web3

a16z: Making a $2 Billion Bet on the Next Dawn of Web3

What did the Inarticulate Geniuses See This Time?

Trade to Earn Series IV: WEEX Launches Up to 40% Real-Time Futures Fee Rebates

Trade to Earn Series IV: WEEX Launches Up to 40% Real-Time Futures Fee Rebates

Trade futures on WEEX and earn up to 40% real-time fee rebates. Trade to Earn Series IV lets you accumulate WXT rewards while reducing trading costs.

WEEX AI Hackathon Champions Crowned, Revealing Future of AI Trading

WEEX AI Hackathon Champions Crowned, Revealing Future of AI Trading

The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.

View: No Hype, No FUD, I Rate OpenClaw at 65 Points

View: No Hype, No FUD, I Rate OpenClaw at 65 Points

If you approach lobster with a "get rich quick" or "lead Web 4.0" mindset, you will surely be disappointed.

Single-day Oil Price Plunge Exceeds 30%, Copilot Cowork Feature Launched, What Is the English-Speaking Community Talking About Today?

Single-day Oil Price Plunge Exceeds 30%, Copilot Cowork Feature Launched, What Is the English-Speaking Community Talking About Today?

What Have Foreigners Been Most Interested in the Last 24 Hours?

The Agent Spend Safely thing has already taken off

The Agent Spend Safely thing has already taken off

Every shift in platform paradigm brings forth a new wave of merchants that existing payment systems cannot cater to.

After the rise in the stablecoin's status, long-time partners Circle and Stripe vie for dominance

After the rise in the stablecoin's status, long-time partners Circle and Stripe vie for dominance

A Stablecoin On-Chain "Middle Path Encounter".

WEEX Trade to Earn: Turn Futures Trading into Instant WXT Rewards

WEEX Trade to Earn: Turn Futures Trading into Instant WXT Rewards

Join WEEX Trade to Earn and earn instant WXT rebates on every futures trade. Boost rewards with referrals and tasks. Trade more, earn more on WEEX exchange.

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

Traditional exchanges are beginning to embrace stock tokenization, while BTC treasury companies continue to increase their holdings through capital market instruments. ETH treasury companies, beyond Bitcoin, are also starting to validate the "holding + earning interest" balance sheet logic.

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

Exchanging disclosure for trust, transparency is no longer a cost of the project, but a core asset for long-termists.

To the Builders who are still persevering in the crypto industry

Kydo deeply reflects on the dilemmas of the cryptocurrency industry: bidding farewell to the false prosperity of "selling infrastructure to developers" and proposing a new paradigm of using programmable capital to provide growth fuel for AI Agent companies.

Oil Price Cools Off, Crypto Bounces Back

Why Oil and Bitcoin Prices Always Move in Opposite Directions

a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App

With the rise of video creation, Agent tools, and AI browsers, AI is evolving from a chat product into a new platform and operating environment.

If you only follow the news, you may have misconstrued this Iran conflict

With a Narrative-Driven Agenda, Western Media Falsifies War Coverage

Popular coins

Latest Crypto News

21:44

Hunan Financial Office: Yuzhi Finance has completely run away, and police in various regions have opened channels for rights protection registration

The Hunan Financial Office's official account has issued a reminder to the public to be wary of Ponzi scheme scams. In the analysis of the virtual currency investment platform "Yuzhi Financial" case, it pointed out that Yuzhi Financial has completely "run away," with offline stores empty, and custom...

21:44

Data: Huang Licheng will increase his long position in Ethereum to 4,650 ETH, currently with an unrealized profit of nearly $250,000

According to Hyperbot data monitoring, Huang Licheng increased his position in the 25x leveraged Ethereum long position three hours ago, currently holding 4,650 ETH, with a position value of 9.534 million USD, a liquidation price of 1,985 USD, and an unrealized profit of nearly 250,000 USD.

21:44

Data: 195.12 BTC was transferred from an anonymous address and then sent to another anonymous address after a transfer

According to Arkham data, at 20:46, 195.12 BTC (worth approximately $13,739,600) was transferred from one anonymous address (starting with bc1q54w5s...) to another anonymous address (starting with bc1qmu69d...). Subsequently, that address transferred 195.12 BTC to another anonymous address (starting...

21:44

Li Hua Yi: Suggests that Zhao Changpeng provide better exit mechanisms for crypto VCs, as active capital is beneficial for industry innovation

Liquid Capital founder Yi Lihua posted on platform X: "The biggest problem in the crypto industry in recent years is the decline of innovation, which stems from two aspects. First, the previous U.S. government's tightening of crypto policies, which should be resolved with the passage of the recent c...

21:44

A French couple was held hostage by fake police with knives and forced to transfer approximately 1 million USD in BTC

According to Cointelegraph, a French couple in their home in Le Chesnay-Rocquencourt, west of Paris, was invaded by three armed men posing as police officers. They were forced to transfer approximately 900,000 euros (about 1 million dollars) in Bitcoin, after which the couple was bound and injured. ...