On Bitget’s seventh anniversary, CEO Gracy said in an exclusive interview with PANews that although the current market is volatile, it is still in a low range in the long run, and it is a good time for investors to re-enter the market.
She pointed out that for individuals or institutions with no crypto assets at all, it's a mistake to have no Bitcoin in their portfolios; they should allocate at least 5%–20% to BTC. However, she also warned that investors still adopting aggressive long or highly leveraged strategies should shift to defensive mode. While the market may still face a 20% short-term decline, there is still room for long-term upside.
Gracy also mentioned that the characteristics of this cycle are different from previous ones. The pricing power of Bitcoin has shifted more to Wall Street and institutions, which has significantly enhanced its correlation with US stocks, especially those of technology giants.
