Binance Founder Changpeng Zhao Sees Bitcoin Dip as Buying Opportunity Amid Long-Term Growth

Former Binance CEO Changpeng Zhao (CZ) has characterized the recent downturn in the cryptocurrency market as a temporary correction within Bitcoin's broader upward trajectory. In his view, the current price declines represent strategic entry points for investors rather than a reversal of the long-term bullish trend. Zhao's analysis underscores his selective optimism, noting that only projects with robust fundamentals will endure the market's natural selection process. His perspective aligns with the historical resilience of Bitcoin, which has repeatedly recovered from corrections to reach new all-time highs. This outlook reinforces Binance's continued confidence in the digital asset ecosystem despite short-term volatility.

Changpeng Zhao Views Bitcoin Dip as Temporary Amid Long-Term Bullish Outlook

Former Binance CEO Changpeng Zhao has framed the recent cryptocurrency market downturn as a temporary setback in Bitcoin's inevitable march toward new all-time highs. His analysis suggests current price declines should be interpreted as buying opportunities rather than trend reversals.

Zhao maintains selective optimism, emphasizing that only fundamentally strong cryptocurrencies will survive the market's Darwinian selection process. Bitcoin's intraday volatility—dipping to $98,467 before recovering to $101,933—exemplifies the turbulence he considers normal during accumulation phases.

The ex-exchange executive's million-dollar Bitcoin price prediction looms over his commentary like a self-fulfilling prophecy. Market participants now weigh whether this dip constitutes the last buying opportunity before the hypothesized parabolic advance.

Token Unlocks Loom as Next Catalyst After Crypto Market Slump

Cryptocurrencies face a fresh test this week with $140 million in scheduled token unlocks, following a brutal stretch that saw Bitcoin tumble below $100,000 and ethereum hit May lows. The releases—concentrated between June 24-28—could exacerbate volatility, particularly for smaller projects where unlocks represent substantial portions of circulating supply.

Resolv Labs' $11.6 million unlock (42.6% of supply) and Amnis Finance's 31% dilution top the risk list, while GateToken's $104 million release—though just 5.4% of its float—ranks as the week's largest by dollar volume. Market participants are scrutinizing these events for potential sell pressure, especially after recent examples like the Trump-themed memecoin team moving $33 million to Binance sparked distribution fears.