Coin CMO Xiong Yue: The market is picking up, but the bull market is still early, the fundamentals have not changed.

On the evening of April 1, She Knows April Fool's Day special edition officially opened. When asked if the market has bottomed out, Gate founder Han Lin said that the market is not at the bottom, but he knows that for many projects is not the bottom, it is still a huge bubble. Take the current IEO, a small team that was established soon, the online IEO has a market value of hundreds of millions of dollars, some people participated in the IEO, earned several times a few days of profit, who would think it is not a bubble. At present, it is still largely a zero-sum game, in which the actual value is still very low. The letter CMO Xiong Yue believes that the market is picking up, but only on the level of market confidence. But talking about the bull market is still early, the fundamentals have not changed. Zola Group Vice President Aurora said that the market recovery is a phased adjustment. At present, the digital money market is still in the growth stage, and there is still a lot of room for development. Only when it changes, can it usher in a real bull market.