According to foreign media today, Bitcoin giant Joe007 said that at present, the high volatility of the traditional market may continue, and this situation may push BTC down in the short term. There is great uncertainty in both the traditional market and the crypto market. Joe007 said he is observing the memetic return of "Bitcoin is dead." Once this argument reaches its peak, Bitcoin will finally get rid of the decline and prepare for a rebound. At the same time, Joe007 continued to warn other traders not to believe too much in the popular stock-to-flow ratio.