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Is a Crypto Market Recovery Near? Changpeng Zhao Says Hope You Bought the Dip

Is a Crypto Market Recovery Near? Changpeng Zhao Says Hope You Bought the Dip WikiBit 2025-04-28 18:26

Former Binance CEO Changpeng Zhao has commented on the prolonged crypto market downtrend. In a recent tweet, CZ commented, “Hope you bought the dip” with

Crypto

Is a Crypto Market Recovery Near? Changpeng Zhao Says ‘Hope You Bought the Dip’

Changpeng Zhao Tweet Hints At Crypto Market Recovery?

Despite his exit from Binance, Changpeng Zhao is a famous crypto personality, with more than 10 million followers on X alone. “Hope you bought the Dip” has raised investors‘ suspicion of what’s coming next, as experts believe he knows something is cooking.

The crypto market lost billions of dollars in the recent crash, but that is changing. In the last few days, the investors sentiments have shifted from fear to neutral. The Bitcoin price surged more than 8% in the last week, currently trading at $94,760.59, and the Ethereum price has jumped to $1808.03.

Not only that, but the struggling XRP price recovered to $2.29 and much more. The recent recovery in the market has pushed the global cryptocurrency market cap to $2.96 trillion, but the anticipation is higher, especially after CZs tweet.

Some have joined his humor, adding “was there a dip,” or “Yes, you can dump crypto now,” and much more. One even added “Buy with what,” to whom Changpeng Zhao replied, “Right. You cant buy dips when you are 100% in crypto.”

Chanpeng Zhao News: Will Crypto Market Finally Rally Now?

CZs tweet lacks any mentions of a crypto market rally, so it is hard to conclude what he referenced. Even experts remain divided on the further outlook, where some anticipate a complete recovery after the contraction, while others fear a further dip.

Fiona K added that the market witnessed a $9 billion influx in the last week before claiming that it is an indication of the bull run. Others added that Trumps mediation of the Russia-Ukraine peace deal could influence recovery.

Mister Crypto claimed that the market is healthy, but lacks funding, before predicting a Bitcoin bull run in Q2, 2025. However, all these are just anticipation, and the actual trajectory depends on various factors, including macroeconomic events like Trumps tariff updates.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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