He Yi: The price of the currency is greatly influenced by liquidity, traffic, and chip structure in the short term, while in the long term, it needs to be supported by practical efficiency

In response to the statement made by the so-called "former Binance listing manager Chase" in an interview regarding "the short-term price of cryptocurrencies being influenced by liquidity, attention, and chip structure," He Yi stated, "Short-term prices are indeed greatly affected by liquidity, traffic, and token structure, but whether the hype can transcend cycles depends on factors such as revenue, empowerment, issuance, and destruction. For example, BTC, ETH, and BNB have all broken free from the constraints of the first three elements. The crypto industry has been financing through storytelling for many years; the narrative is dead, and practicality must prevail."